Herbridge, 28 Feb.2010_The market has no signals indicating that rutin's unprecedented high prices will decline in the future. As for the future prices, nobody can say and nobody can predict.

As Huaimi prices continuously increased since the harvest, rutin prices continuously refreshed the records until Mid-November. In the period, NF11 rutin prices rised from 160RMB/kg to 350RMB/kg, compared to about 100RMB/kg in previous years, while huaimi prices surged to 60RMB/kg from 12RMB/kg.

There is not plenty of rutin in the market now. Rutin prices remained around 350RMB/kg before the Spring Festival. Manufacturers are said to raise the prices in the near future. Herbridge.com predicted that rutin is impossible to trade at 370-380RMB/kg. Most manufacturers have a small amount of rutin in stock or sold out. They are keeping a close eye on the market and take a cautious step to carry out production. They require advanced payments and orders to begin production.

Additionally, manufacturers are forced to meet increasingly strict standards of environmental protection. The closure or relocation of some manufacturers will to some extent affect rutin supply in China.

The surge of Huaimi prices reflects the poor supply chain of rutin in China. The low prices in previous years drove farmers to abandon picking or decrease investment, even switch to other profitable crops. There was not sufficient Huaimi before the past poor harvest in China, which is also contributed to the surge prices.

Herbridge.com expects the market to return to rational condition as soon as possible.

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