The price of purple garlic in the Jinxiang and Henan markets increased universally around 0.3-0.4 yuan [0.05-0.06 USD] per 0.5 kg between March 1st and 4th, 2019. The cumulative price increase since New Year's is already 0.85 yuan [0.13 USD] per 0.5 kg, which is a price increase of 73%. This is a complete reversal for many traders who were afraid of financial loss but who are now looking at healthy profits. This price increase is mainly due to medium to long term market predictions by garlic traders.
