Now is the time for the new production season for large Chinese herbal medicines such as angelica and ginseng. In the largest distribution center for Chinese herbal medicines in North China, a street in Anguo, Hebei that specializes in Chinese herbal medicines such as angelica and ginseng, new medicinal herbs are being marketed one after another, but prices continue to drop. A seller said, “New production is in progress, and prices are going down. Angelica sold for about 780 yuan per kilogram in November and December last year, but now it's down about 340 yuan.” The reporter learned that from 2020 to 2023, the price of Chinese herbal medicines continued to rise, which stimulated large-scale expansion by growers and led to a concentrated explosion in production capacity. According to information, in October, out of 571 varieties monitored by the Anguo Chinese Herbal Medicine Price Index, 152 varieties fell in price, accounting for about 26.62%.

Now is the time for the new production season for large Chinese herbal medicines such as angelica and ginseng. In the largest distribution center for Chinese herbal medicines in North China, a street in Anguo, Hebei that specializes in Chinese herbal medicines such as angelica and ginseng, new medicinal herbs are being marketed one after another, but prices continue to drop. A seller said, “New production is in progress, and prices are going down. Angelica sold for about 780 yuan per kilogram in November and December last year, but now it's down about 340 yuan.” The reporter learned that from 2020 to 2023, the price of Chinese herbal medicines continued to rise, which stimulated large-scale expansion by growers and led to a concentrated explosion in production capacity. According to information, in October, out of 571 varieties monitored by the Anguo Chinese Herbal Medicine Price Index, 152 varieties fell in price, accounting for about 26.62%.