Ganxi Longxi: 80% of Chinese herbal medicines began to decrease prices
The prices of Chinese herbal medicines that have experienced mad prices in the past two years have finally come down. The author recently learned from the Chinese herbal medicine market in Dingxi City, Shaanxi Province that, in December, more than 80% of medicinal materials began to loosen, with a drop of 20% to 30%. In particular, Codonopsis and Banlangen, which used to rise rapidly, fell from highs of 40 yuan and 30 yuan per kilogram respectively to the current 28 yuan and 10 yuan, a drop of more than 70%.
In some pharmacies in Lanzhou City, the prices of semi-finished Chinese medicine products have also declined, with a margin of around 10%. However, due to the long planting cycle, medicines such as Panax notoginseng and honeysuckle are still operating at high prices.
Relevant sources believe that the current prices have gradually declined, indicating that Chinese herbal medicines have been restored to a reasonable position, and the price increase in the latter period is not expected to be large. In addition, the price cuts of raw materials must be transmitted to the price of the Chinese medicines in the sales terminal, which will take three months to six months.
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