2022 Year Forsythia Prediction
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2022 Year Forsythia Prediction
Based on the situation in 2021, the trend of Forsythia in 2022 may not be as satisfactory as expected. However, this is not absolute, as the prospects for Forsythia are still good. With the brilliance of traditional Chinese medicine during the pandemic, Forsythia, as a herb, might suddenly see an increase in demand. The returns on Forsythia are substantial, and there is still a promising future.
Future Market Trend of Forsythia
The COVID-19 pandemic has given a boost to the market for Chinese medicinal materials. In previous years, the production and demand environment formed under the situation where "cheap medicine hurts farmers and large-scale users" for some varieties. Additionally, the outstanding contributions of traditional Chinese medicine in the fight against the COVID-19 pandemic have invisibly promoted and publicized the consumption of Chinese medicine.
Encountering the frequent natural disasters in 2021, the market for Chinese medicinal materials reversed the previous years' sluggishness, with prices of many bulk varieties surging. The production and market circulation transactions were active, as if releasing the energy suppressed for a long time all at once.
Therefore, based on the situation in 2021, the trend of Forsythia in 2022 may not be as satisfactory as expected. However, this is not absolute, as the prospects for Forsythia are still good.
After the brilliance of traditional Chinese medicine during the pandemic, Forsythia, as a herb, might suddenly see an increase in demand. The returns on Forsythia are substantial, and there is still a promising future.
2022 Forsythia Price Trend
According to the Comprehensive 200 Index of Chinese medicinal material prices from the website of Tian Di Net, the opening index in 2021 was 2448.24 points, and the closing index on September 1st was 2556 points, an increase of 107.76 points, or a 4.4% increase from the beginning of the year.
Looking at the timeline, the interval between the two peaks in 2017 and 2021 is 4 years, indicating that the market has completed an adjustment within 4 years, going through a process from high position to risk release to back to high position.
In the top 20 varieties with the largest declines in the Comprehensive 200 Index of Chinese medicinal material prices in 2021, no variety saw a "halving" (a decline of over 50%) in price, with the decline of Guang Huoxiang, Doukou, Star Anise, Prunella, and Forsythia being among the top.
After the New Year in 2022, the price range for Forsythia varied by origin, with prices per kilogram between 90 yuan and 150 yuan. Prices in Anhui and Henan were relatively higher, around 140 and 150 yuan/kg respectively, with last year's peak price reaching over 200 yuan/kg.
It is expected that in the first quarter of 2022, due to the overall rest atmosphere of the Chinese medicinal material market during the Chinese New Year, and the fact that some varieties like泽泻 (Zexie), 川芎 (Chuanxiong), Forsythia, Dangshen, Huaisha, and Qinjiao will have merchants cashing out.
If there are no strong stimuli or strong suppression factors, it is expected that the index will slightly adjust downwards in the first quarter of 2022, and then return to the high position around 2650 points later in the year.
Recently, the price trend of Forsythia in Pingyi County, Shandong has been stable, with the top grade dried flowers at around 154 yuan, the first grade at around 142 yuan, the second grade at around 130 yuan, the third grade at around 120 yuan, and the extra grade between 90 yuan and 110 yuan.
The above is the specific content about the 2022 Forsythia prediction, for everyone's reference and operation.