ZCZC
BCN-15
CHINA-MEDICINAL-MATERIAL-PRICE
Chinese medicinal material price index up 0.09 pct
HEFEI, Nov. 30, 2019 (BSS/Xinhua) – The Kangmei Chinese medicinal material
price index, a barometer of the traditional Chinese medicine (TCM) material
market, rose 0.09 percent to 1,244.61 points on Saturday.
Covering more than 500 TCM materials including herbs and minerals from six
major markets nationwide, the closely-watched index reflects the overall
price trend in the country’s TCM material market. It is released daily by
Kangmei Pharmaceutical Co., Ltd, one of China’s major TCM companies.
The index was approved by the National Development and Reform Commission of
China in 2012 to offer more timely and accurate reference for TCM material
growers, traders and pharmaceutical companies.
Traditional Chinese medicines, often given as oral liquid, granule and
pills, typically use the combination of a number of medicinal materials,
mostly herbs, to address health problems.
BSS/XINHUA/HR/1455