It has been two months since the National Development and Reform Commission rectified the price of Chinese herbal medicines. Has the prices of "noble drugs" such as Panax notoginseng and Codonopsis pilosula fall?

Yesterday (September 28th), the reporter of “Daily Economic News” paid a return visit to the Qingping Road Chinese herbal medicine wholesale market in Guangzhou City. The price of Codonopsis on the market was between 60 and 250 yuan per kilogram. The price of Panax notoginseng remained at 330 yuan. 680 yuan/kg.

According to the monitoring report for Chinese herbal medicines, Tianyi.com, the monthly price increase for July and August in March and July is all above 3%, and the bulk price is 360 yuan/kg and 380 yuan/kg respectively.

According to Guo Fanli, a research fellow in the pharmaceutical industry at China Investment Consulting Group, the price of Panax pseudoginseng in Qingping Road, a wholesaler of medicinal herbs in Guangzhou, remains high. He analyzed that prices rose steadily in two months and three months, mainly due to the influence of different varieties, especially the impact of the new listing of 37. Today, there are also three and seven figures in daily chemical products, and the demand is strong.

Mr. Xie, who runs the business of 37, told reporters that there are still not a large number of Panax pseudoginseng produced in Yunnan. Currently, the quality of Panax Notoginseng sold on the market is ordinary.

According to the data, Panax rose from RMB 45 to RMB 60 per kilogram in 2008, jumping from rollercoaster rides to RMB 500 or over in 2011.

The “Monitoring Report of Market Prices in September 2011 Compared with the Same Period of Last Year”, a Chinese herbal medicine company, showed that Codonopsis pilosula (white strip) rose by 55 yuan per kilogram, which was a year-on-year increase of 220%.

Ms. Li, who runs the business party’s business, told reporters that compared with the previous two months, the supply of Codonopsis was more abundant recently.

According to the monitoring report for Chinese herbal medicines, the price of Dangshen rose by 3% in August and the bulk price was 82.5 yuan/kg.

Guangzhou Qingping’s shop prices are higher than market prices. Guo Fanli believes that the current price of Codonopsis is relatively reasonable and needs to be adjusted slowly by the market.

Since March of this year, prices of Chinese herbal medicines have entered the peak of the fourth round. Compared with the first three rounds, the prices of Chinese herbal medicines have increased even more. The madness of the price of Codonopsis caused the attention of the National Development and Reform Commission and began to order the conglomerate to sell Codonopsis for a limited period of time.

The China Investment Advisor released a relevant report in August, saying that the NDRC's rectification of Chinese herbal medicine prices has played a deterrent effect on the hoarding of hot money, and the price is expected to fall back in the short term. However, the amount of Codonopsis used is 25,000 tons, and 1,000 tons ordered to sell are subject to price. The substantive impact is not great.

According to the China Investment Advisors' report, companies purchased more than half a year's worth of inventory when prices were low. Coupled with the changeable climate in the main producing areas this year, the production of Codonopsis is unfavorable, and it is difficult for production to increase significantly. After a short-term correction, prices remain relatively high.

Guo Fanli told the “Daily Economic News” reporter that Chinese herbal medicines were hyped by disaster weather and hot money last year. Coupled with the strong demand of 37, the price of the Chinese herbal medicines has returned. The fourth quarter is often the peak of incidence, which will also stimulate the growth of demand for Chinese herbal medicines, so the prices of Chinese herbal medicines will remain relatively stable.