On January 4, 2022, the average purchase price of Hainan betel nut green fruit[1] was 11.72 yuan / catty[2], an overall increase of 0.55 yuan from yesterday, roughly around 9.3 to 14.0 yuan.
Betel nut purchase price and retail price in January
Acquisition market: December 20 began to fall sharply, December 30 prices rose for 4 consecutive days, the current average price rose to about 11.5 yuan / catty.
Retail market: raw fruit (large) price at 10 yuan for 2 pieces, raw fruit (small) price at 10 yuan 3 pieces.
Betel nut seedling market: each plant has risen to about 10-15 yuan now.
Betel nut price trend forecast for January
In January, Hainan betel nut picking was carried out in the final stage, the price fluctuation range of betel nut increased, the quality of betel nut green fruit dropped significantly, large factories stopped buying, and small buyers took the opportunity to reduce prices, which was the main reason for the sharp price decline at the end of December.
At present, the amount of betel nut trees has begun to gradually decrease, the market demand will inevitably increase, and it is expected that the price will continue to maintain an upward trend in the near future.
Average price of betel nut on January 4:
Haikou 11.2 yuan / jin;
Chengmai 11.3 yuan / jin;
Wenchang 11.0 yuan / jin;
Ding'an 13.0 yuan / jin;
Tunchang 12.8 yuan /jin;
Sanya 10.7 yuan / catty;
Ledong 11.2 yuan /jin;
Qiongzhong 12.9 yuan / jin;
Qionghai 11.3 yuan / jin;
Baoting 11.5 yuan / jin;
Wanning 10.9 yuan / jin;
Lingshui 10.8 yuan / jin;
Wuzhishan 13.6 yuan / jin;
Other cities and counties 12.0 yuan / catty.
Note: The above prices are for reference only. It should be noted that the price of the ground, the car and the factory will be different, in addition, the quality of the fruit, the amount of picking, etc. are also factors that affect the price.