On November 16, 2021, the average purchase price of Hainan betel nut green fruit[1] was 22.15 yuan / catty[2], an overall increase of 0.75 yuan from yesterday, roughly around 20 to 24 yuan.
Betel nut purchase price and retail price in November
Acquisition market: In early November, the price of betel nut continued to rise, fell for 10 consecutive days after the 5th, and resumed the rally on the 16th, with the highest price maintained at 24 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 November
At present, Hainan betel nut picking has entered the middle and late stages, and the recent price decline is related to the concentration of picking, poor fruit quality, and the terrible "public opinion" impact of farmers, in any case, the price probability will not be less than 20 yuan / catty.
It is already a fact that betel nut production is in short supply this year, and prices are expected to continue to rise in the near future.
The average price on November 16 was:
Haikou 23.5 yuan / jin;
Chengmai 23.2 yuan / jin;
Wenchang 23.0 yuan /jin;
Ding'an 22.3 yuan / jin;
Tunchang 21.9 yuan /jin;
Sanya 20.7 yuan / jin;
Ledong 22.5 yuan / jin;
Qiongzhong 23.5 yuan / jin;
Qionghai 22.0 yuan / jin;
Baoting 20.5 yuan / jin;
Wanning 23.0 yuan / jin;
Lingshui 20.7 yuan / jin;
Wuzhishan 21.5 yuan / jin;
Other cities and counties 21.8 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.