Market update: Chinese Garlic
Garlic season is now soon to be upon us, fresh garlic crop is soon to be available on the markets for factories like ours to buy. Then the drying process begins, and with it garlic flake production. Garlic flakes are then further ground into granules or powder as necessary. For those unfamiliar with the way it works, industrial use of garlic is nearly always using dried garlic. It stores better than fresh, takes up less space (most of fresh garlic is water), cheaper to transport, and flavour is almost the same. In terms of use, it’s also more convenient. Fresh garlic needs to be peeled, chopped, and washed before cooking. Dried just needs to be added at the right stage of the cooking process. Powder for instance can be added anywhere, flakes are normally added near the beginning.
Market update
This year, the government policy in China has increased in strictness. Environmental, bureaucratic, and quality standards for factories have all become more stringent. As a result, the current high prices in garlic are likely to stay for longer. However, other sources of ours say that new crop of fresh garlic looks to be well harvested, so quantity may be large. This means there is a possibility of some price falls, or at the very least price stability.
We will be able to say more around May when supply levels become clear, and factories also begin to cool down with their high new crop prices!
Our current market price for garlic flakes:
20G (0.71 OZ) HKD 22
50G (1.8 OZ) HKD 30
200G (7.1 OZ) HKD 58
500G (17.6 OZ) HKD 90
1KG WHOLESALE PACK** HKD 118
Our current market price for garlic granules:
50G (1.8 OZ) HKD 36
200G (7.1 OZ) HKD 72
500G (17.6 OZ) HKD 112
1KG WHOLESALE PACK** HKD 146
