3th week feb 2022

overall

With the end of the Chinese Lunar New Year holiday, the dry chili market in Yujia Village,Qingdao began to resume trading. On the whole, the market has a large inventory, the buyer’s buying demand is not strong,the transaction volume is small, the price of dried chilli tends to be stable, and the sea freight continues to rise has had a greater impact on Qingdao’s dry chilli export business,and buyers of oversea have taken a wait-and-see attitude,There are a variety of dry chili in the market. Especially Xinjiang paprika chili,Jinta chili, and Shanxi’s Beijing red chili have the largest number, and the price is the same as the same period.

price-Dry red chili

ProductPrice(estimated)/USD/TONNotice
Paprika pods1700-1800with stem/general cargo
Paprika pods1850-2000with stem/premium
Paprika pods2300-2400Without stem/Chaotian chili
HL13/Jinta1750-1850 With stem
HL13/Jinta2200-2350Without stem
903jinta1700-1750With stem
Beijing red chili2150-2220Without stem
Chaotian chili3300-3500Best
Chaotian chili2950-3200Premium
Dry Red chili price
Dry Red Chili Trend

After August 2021, the market of small peppers in northern China has shown a strong trend as a whole, and the supply of small peppers in the new season is digested faster, while the trading of large dry red chili in the north has been tepid since its listing in 2021, and the market has not fluctuated significantly.

It can be seen from the figure that since January 1, 2021, the price trend of chaotian chili, a representative variety of small peppers, and Beijing red chili, a representative variety of large peppers, has not been strong, and the price gap between the two has gradually widened.

cause

  • Although the planting area of large peppers in the north will be reduced in 2021 compared with 2020, the large pepper producing areas will not be affected by the same disaster as the small pepper producing areas in 2021, and the peppers will grow better. The yield per mu of the main producing areas will increase compared with 2020. more adequate.
  • In 2021, Inner Mongolia and Jilin, the main producing areas of chili peppers, will experience early snowfall, and continuous heavy snow will occur in early November 2021, making it more difficult to improve the dryness of dried chili peppers in the new season, and the high moisture content will affect the enthusiasm of customers to purchase. Sales are not ideal.

summarize

At present, the inventory of small dry red chili is low, and the farmers and traders who hold the goods are reluctant to sell and keep the price high. The market of small dry red chili is relatively good, and the price is expected to continue to rise. The price of small dry red chili will drive the market of large peppers to rise to a certain extent. As the weather turns warmer, it is difficult to keep the stock peppers, and the price of large dry red chili is expected to rise weakly.

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