China Silymarin Market is Stable, Manufacturers Focus on Supply Chain
date:2011-02-21
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As we predicted, the prices for silymarin declined and then gradually picked up after the past harvest. Currently, the prices are consisted with last year's level. The prices for UV80 (30% silybin & isosilybin) version are maintained around 520RMB/kg, the figure was 540-560RMB/kg in February, 2010.
The prices for UV80 (30% silybin & isosilybin) version were 550RMB/kg in early Sep.2010 which was the highest level. The prices have been fluctuating below the level in the following months. With much uncertainty such as the supply situation and prices of milk thistle, the silymarin market delivered unstable signal.
According to herbridge.com, the average prices for milk thistle are around 20RMB/kg now. There are a few emerging enterprises to engage in the manufacture of milk thistle extract. Moreover, manufacturers begin to focus on the establishment and management of the supply chain. They either expand their existing growing bases or directly sign contract with farmers, which to some extent ensures the constant and consistent supply of milk thistle.
The prices for UV80 (30% silybin & isosilybin) from September 2010 to February 2011
--------------------------------------------------------------------------------------------------------
Early Sep. Late Sep. Nov. Dec. Feb.2011
--------------------------------------------------------------------------------------------------------
550RMB/kg 430RMB/kg 480RMB/kg 450RMB/kg 520RMB/kg
---------------------------------------------------------------------------------------------------------
The prices are impossible to increase in the near month.
The prices for UV80 (30% silybin & isosilybin) version were 550RMB/kg in early Sep.2010 which was the highest level. The prices have been fluctuating below the level in the following months. With much uncertainty such as the supply situation and prices of milk thistle, the silymarin market delivered unstable signal.
According to herbridge.com, the average prices for milk thistle are around 20RMB/kg now. There are a few emerging enterprises to engage in the manufacture of milk thistle extract. Moreover, manufacturers begin to focus on the establishment and management of the supply chain. They either expand their existing growing bases or directly sign contract with farmers, which to some extent ensures the constant and consistent supply of milk thistle.
The prices for UV80 (30% silybin & isosilybin) from September 2010 to February 2011
--------------------------------------------------------------------------------------------------------
Early Sep. Late Sep. Nov. Dec. Feb.2011
--------------------------------------------------------------------------------------------------------
550RMB/kg 430RMB/kg 480RMB/kg 450RMB/kg 520RMB/kg
---------------------------------------------------------------------------------------------------------
The prices are impossible to increase in the near month.
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