Paprika Oleoresin price steadied
date：2010-07-06
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Herbridge,6 July 2010-Paprika Oleoresin price stabilizes for the time being.E150 oil-soluble version price is basically maintained at around 215 RMB/kg.
Paprika price increased sharply between 2009 and 2010,resulting in fluctuated paprika oleoresin price.Manufacturers were caught unprepared and some participants nearly made no profit in order to stablize the present customer group.Industry insiders said,"Paprika oleoresin price will keep stable in the coming two and three months."
The price will be affected by the coming harvest as well as international condition.According to herbridge.com,paprika mainly grows in Xinjiang and Shandong province.The harvest will come in Nov. and Dec. in Shandong.It is earlier to predict a good harvest.
Participants predicted that,"The price will rise again at the end of year and probably decline in March and April next year."
Paprika price increased sharply between 2009 and 2010,resulting in fluctuated paprika oleoresin price.Manufacturers were caught unprepared and some participants nearly made no profit in order to stablize the present customer group.Industry insiders said,"Paprika oleoresin price will keep stable in the coming two and three months."
The price will be affected by the coming harvest as well as international condition.According to herbridge.com,paprika mainly grows in Xinjiang and Shandong province.The harvest will come in Nov. and Dec. in Shandong.It is earlier to predict a good harvest.
Participants predicted that,"The price will rise again at the end of year and probably decline in March and April next year."
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