Long-term opportunities of Astragalus
As one of the three giants in the northwest, the price of astragalus root slightly at the beginning of 2021, but then the price increase quickly stopped. Due to the high price stimulation in 2019, the area of astragalus seedlings in 2020 is not small, which makes the planting of astragalus in 2021. There is no shortage of seedlings, and the return of seedling prices to normal will bring about low planting costs.
In the absence of cost-raising conditions, despite the turbulent Chinese herbal medicine market in 2021, the price of astragalus root has not change more, and this calm has been extended to the end of the year after new production.
Under the background of demand, as far as the price outlook of astragalus in 2022 is concerned, the short-term price will fluctuate. However, due to the "returning of medicines and farming" in northwest and other places, the new expansion of traditional Chinese medicinal materials has been compressed, and astragalus is among the three major varieties in Northwest China in 2021. A variety that has been patronized by capital", or there may be long-term opportunities.
