Dried Whole Chili Pepper Price in Shandong, China Decreased 35.25% YoY Due to Low Demand and Oversupply

The wholesale price of dried whole chili peppers in Shandong, China, decreased by 35.25% YoY in W46 due to the emergence of new seasonal products and the absence of many spice companies and individual buyers. The long-term price outlook is negative, given the recovery in the cultivation area, especially in India.