Market conditions expected to polarize
There are two broad groups in the garlic market. One group is pessimistic. They think that the market conditions for stored garlic will be even worse than they were last year. The other group is optimistic. They predict that even though a large volume of stored garlic will make it, the market conditions will be good.
The pessimistic people mainly base their expectations on the minute difference between the garlic volume in storage this year and last year. Some even expect the volume to increase. Since market conditions were not great last year, they do not expect market conditions to improve this year. The optimistic people think that those who bemoan the garlic market conditions are speculating in order to scare off competition and increase their own profit. The optimistic people still think that garlic in storage will sell at a good price.
Source: San Nong
