Imbalance between supply and demand leads to high taro prices, top snack manufacturers take multiple measures to cope with cost pressure.
Rapidly growing konjac snacks are facing cost pressures. Due to an imbalance in supply and demand, konjac prices in China's producing areas have remained high this year, putting pressure on the gross profit margins of related snack companies. According to interviews with multiple sources, it is difficult to expand konjac production in the short term, while demand continues to grow. It is expected that prices will remain high in the short term and gradually return to rational levels in the long term, but it will be difficult to go back to lower prices. Faced with the high prices of konjac, leading snack companies are actively responding through measures such as hoarding inventory and adjusting product strategies.
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