The situation is even worse for a larger number of winter worms. Qinghai winter worm and herb association president la cajda said that one third of the thousands of winter worm and herb stores in sining city were now down, and that winter worm and herb operators were experiencing a “card wash”。
“this situation cannot be allowed to continue.” lac is concerned to say that, in his view, the current price has fallen to a level that cannot be lower。
From day to day to day
In the midst of the global financial turmoil and the world economy's loss, the magical species from the tibetan plateau, once-fired health-care markets, the “hot” winter worm and summer grass fell into a state of silence: markets were weak and prices went down. On 26 december, nearly 100 government officials, academic experts and practitioners of the summer grass of winter worms gathered in the capital of qinghai province, sineen, to discuss the survival and development of this particular industry。
Compared to previous years ' heat, 2008 was known as the winter worm summer grass valley. The prices of winter worms and summer grass have fallen to two years, half as high as in 2007。
According to the qinghai winter worm and herb association, prices range from 10,000 to 50,000 to 60,000 yuan at a price of 30,000 yuan per pound. At the same time, the volume of market transactions has fallen sharply this year in the face of a sharp fall in prices. In 2007, 80 tons of summer grass were sold throughout qinghai province, compared to just over 30 tons this year, less than half last year。
How much money is hidden behind it
Over the years, there have been numerous accounts of windfalls in the winter worm summer grass industry. In the survey, however, journalists were surprised by the feedback that the profit space in the winter worm summer grass industry came from various sources. According to lac, the profit margin for the winter worm summer grass industry is only between 3 and 6 per cent, even at a “good time” last year, with a sales price of $100,000 per kilo of winter worm summer grass and a purchase price of $98,000. It's good to make 2,000 bucks a pound, and it's only gonna make a few hundred bucks a pound this year。
An analysis of the reasons for the current downturn in the winter worm summer grass market, in addition to the effects of the global economic climate, the effects of external factors, economic downturns, shrinking consumer groups, and the deep-seated financial exposure of investors due to the sharp decline in the stock market
