Curcumin Price Increased Substantially for Raw Materials Shortage
date:2010-06-17
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    Herbridge,17 June 2010Curcumin price saw an upward tendency at the beginning of 2010.Supply channel of raw materials changed,presenting cost pressure to domestic manufacturers.95% curcumin price increased but was no more than 800 RMB/kg in the first quarter.

    According to herbridge.com,curcumin further rose in the second quarter.Generally,curcumin is sourced from Curcuma aromatica Salisb which is grown in China as well as from Curcuma Longa L. imported from Burma and India.The majority adopt domestic raw materials and those imported from Burma.According to herbridge.com,owing to abnormal climate in India and Burma,curcuma longa saw poor harvest,in turn leading to increased curcumin price globally.Currently,curcumin price is around 230USD/kg in the international market.

    Domestic raw material supply is very tight at present.The price increases by a large margin and is over 20,000 RMB/ton.According to herbridge.com,In Hebei province, the price for curcumin is around 1200RMB/kg.There is not much left over.In Sichuan province,the price is about 1300RMB/kg.

Curcumin Price in Recent Years (RMB/kg)
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2009         Jan.2010        Apr.2010      June 2010
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500            750             850            1200
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Curcuma Price in Recent Years(RMB/t)
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2009         Jan.2010        Apr.2010      June 2010
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4000            8000           12000         20000
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