The price of huperzine serrate increased by 30 percent since June. But it is hard to raise prices for 1% huperzine A. As production cost increases, foreign buyers are reluctant to receive higher prices. They are waiting and seeing, expecting lower purchase prices.
Domestic manufacturers are under heavy pressure, high prices for huperzine serrate and low demand for its extracts.
“The production of huperzine serrate decreases, the picking cost increases. The high demand contributes to its higher prices.” said a manager form Baoji City Runyu Bio-technology Co., Ltd. As for today’s situation, some domestic manufacturers have withdrawn from the market. It is an inevitable trend to raise the prices for huperzine serrate extracts.
Copyright：Herbridge Media
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