Artemisinin Market Expectation in 2010
date：2010-07-12
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Herbridge,12 July 2010_Artemisinin market has been gained our attention for a long time.The transaction reactivated in March,2010 and steadily rebounded in prices.The market price is around 3300RMB/kg,recently.According to herbridge.com,the export price is no less than 3150RMB/kg.Generally,the new crop will be arrived in mid-July.Participants said,"The harvest season will likely be slightly delayed on account of abundant rain."
Unoptimistic growing area
The total planting area for Artemisia apiacea is no more than 80 thousand mu. Linting,general manager,PIDI stardard(Holdings)Ltd,told herbridge.com,"Artemisia apiacea will survived in drought rather than water logging.The efficient components will be gained in stems and leaves with the help of adequate sunlight.Chongqing saw too much rain this year.Which to some extent affects the content of active ingredients.Not until be harvested can we learn the details."
Zhangmei,vice president,Chongqing Heng-Star Biotechnologies Co.,Ltd,said,"According to studies in Chongqing,the planting area is no more than 50 thousand mu there.The active ingredient content of cultivated artemisia apiacea is still lower than that of wild version.There exsit many deficts on contract cultivation including seedlings shortage,unsuitable planting patterns.The acre yield is basically maintained at around 120 kilogram."
Additionally,wild artemisia apiacea will not be comparable with last year in terms of quality and quantity.The amount of wild artemisia apiacea accounted for 60% of the total production.Which is impossible this year.
According to herbridge.com,the artemisinin market tend to be more rational after market chaotic.Manufacturers in China are more careful when making decisions. On the other hand,the demand for artemisinin is more and more concentrated into a few pharmaceutical companies in India and Europe.
The harvest will be finished at the end of August.The new artemisinin will be on the market at the end of September.
Unoptimistic growing area
The total planting area for Artemisia apiacea is no more than 80 thousand mu. Linting,general manager,PIDI stardard(Holdings)Ltd,told herbridge.com,"Artemisia apiacea will survived in drought rather than water logging.The efficient components will be gained in stems and leaves with the help of adequate sunlight.Chongqing saw too much rain this year.Which to some extent affects the content of active ingredients.Not until be harvested can we learn the details."
Zhangmei,vice president,Chongqing Heng-Star Biotechnologies Co.,Ltd,said,"According to studies in Chongqing,the planting area is no more than 50 thousand mu there.The active ingredient content of cultivated artemisia apiacea is still lower than that of wild version.There exsit many deficts on contract cultivation including seedlings shortage,unsuitable planting patterns.The acre yield is basically maintained at around 120 kilogram."
Additionally,wild artemisia apiacea will not be comparable with last year in terms of quality and quantity.The amount of wild artemisia apiacea accounted for 60% of the total production.Which is impossible this year.
According to herbridge.com,the artemisinin market tend to be more rational after market chaotic.Manufacturers in China are more careful when making decisions. On the other hand,the demand for artemisinin is more and more concentrated into a few pharmaceutical companies in India and Europe.
The harvest will be finished at the end of August.The new artemisinin will be on the market at the end of September.
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