Once the price of precious medicinal materials fell to a new low in recent years, growers had no choice but to lose money and sell them cheaply.

       CCTV News:In recent years, the price of traditional Chinese medicine Panax notoginseng has been declining. At present, in Wenshan, Yunnan, the famous hometown of Sanqi in China, fresh Sanqi has been listed one after another, so what is the sales situation of Sanqi? Can growers make money?

       Mou Xing, a reporter from Wenshan Taiwan, said: "This is the Sanqi international trading market in wenshan city, Yunnan Province. These are all newly listed Sanqi this year. It’s nine o’clock in the morning, and the whole Sanqi market is busy. However, compared with the past, the price of Sanqi has fluctuated greatly."

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       Jia Yongcui, a Sanqi vendor in Wenshan, Yunnan: "In 13 years, Xiaoqi sold for more than 320 yuan (dry Sanqi per catty), and now it is more than 50 yuan (per catty)."

       He Guoqiang, a Sanqi vendor in Wenshan, Yunnan: "In July, the 28 heads sold for more than 130 yuan (per catty), and the difference in July was about 40 yuan (per catty)."

       Since 2017, the price of Sanqi has been falling, and it has fallen to the lowest point in recent years. On the whole, taking 20 heads of Panax notoginseng as an example, it can be sold for more than 800 yuan a kilogram in 2017, and now the price is about one kilogram in 500 yuan, with a drop of about 40%. Sanqihua and Sanqi also fell by more than 40%.

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       The price of Panax notoginseng fell, and growers had to lose money and sell it cheaply. The reporter learned that for every acre of Panax notoginseng sold by growers, it will cost about 10,000 yuan. So why is the once precious medicinal material Notoginseng worthless?

       Luo Jianxiang, a planter of Panax notoginseng, planted 10 mu of Panax notoginseng at first, and then expanded it in a large area when the price rose. There are many planters like Luo Jianxiang in Wenshan.

       Jia Yongcui, a Sanqi vendor in Wenshan, Yunnan, said: "It’s a large quantity, that is, if anyone has nothing to do, everyone will plant Sanqi."

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       Tan Jiawen, deputy director of Sanqi and Traditional Chinese Medicine Industry Development Center in Wenshan Prefecture, Yunnan Province: "In the past few years, the price of Sanqi has risen, and many people have seen the benefits, so everyone has followed suit."

       According to the statistics of local authorities, the total planting area of Panax notoginseng in Wenshan reached 130,000 mu in 2019, 1.5 times that of 2018. It is estimated that the newly listed output of Panax notoginseng will be nearly 20,000 tons, which is the largest mining area and output since 2015.

       In order to alleviate the downward pressure on the Sanqi industry, the local government established the Sanqi Agricultural Planting Cooperative, officially launched the official flagship store of Wenshan Sanqi, and established the Wenshan Sanqi Auction Center. Local enterprises are also trying the model of company+farmer+deep processing to solve the production capacity of Sanqi.