date:Sep 09, 2016
stry has reached its price inflection point since 2011, which has been dropping sharply in the 5 years and was still weak at present.
Sea cucumber price reached record high, 185.72 yuan/kg, in 2011. However, many enterprises financial reports had showed that sea cucumber price dropped from 166.78 yuan/kg to 87.50 yuan/kg at present, whose annual dropping rate was more than 12.6%. Up to mid 2016, sea cucumber price had dropped by more than 52.9% compared with that in 2011.
One industry insider