Codonopsis price will continue increase in 2022
Codonopsis is a variety that is very easily affected by climate factors. As an "outstanding representative" of the climate concept board, drought in the production area will play a direct role in the price of Codonopsis.
Looking back on the history of organic Codonopsis root, basically every market starts due to drought. Affecting the significant reduction in the production of the Party ginseng. In 2021, there still drought conditions and insect pests in the production areas of organic Codonopsis root , which reduce the output of new products. In 2021, the price of fresh products in the production areas generally increase by about 20% after the production of organic Codonopsis root. As a variety with a large inventory of old goods, it is expected that the demand and inventory of organic Codonopsis root will continue to see each other in 2022, and the volatility of the price of this variety will increase.
