There are many different varieties of plant extracts. The supply and demand of these products are constantly changing with the year and various market factors, and the imbalance between supply and demand occurs from time to time.
① Product supply impact As the raw materials of the plant extract industry are agricultural and forestry products, they are susceptible to weather, plant diseases and insect pests, planting area and other factors. The purchase price and quantity of raw materials in different years will fluctuate. The fluctuations in raw material prices make the price of natural plant extract products, There will be a certain degree of change in output, and market supply and demand imbalance will occur.
② Market demand impact
Most production companies have limited knowledge of overseas market demand, and may lack scientific and long-term accurate judgment on market demand. When the market demand for a certain product is good, there will be a market imbalance in short supply, but with the spread of market information, a large number of enterprises will swarm and repeat production, resulting in product supply exceeding demand.