In traditional Oriental medicine, this tuber is used to treat headaches, facial distortion, and hemiplegia.
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| Gastrodia Elata Blume, once considered a rare and valuable herb , has now dropped in price to just 1/20 of its former price. (Photo: Shutterstock) |
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In traditional oriental medicine, Gastrodia elata is used to treat headaches , facial distortion , hemiplegia and was once priced at more than 6.8 million VND/kg in the 1990s in China. (Photo: Health and Life)
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Due to high demand, natural Gastrodia elata became scarce and its price skyrocketed. However, as more people started cultivating Gastrodia elata, the increased production led to oversupply and the price quickly plummeted. (Photo: iHS Vietnam) |
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| Currently, the price of Gastrodia elata is less than 68,000 VND/kg in some areas of China. (Photo: Institute of Traditional Medicine) |
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| In 2024, harsh weather and poor environmental conditions will also reduce the quality and yield of Gastrodia elata. (Photo: Nguoi dua tin) |
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| Farmers who grow Gastrodia elata face high costs but low selling prices, leading to losses. Some farmers would rather let Gastrodia elata rot in the ground than sell it at a loss. (Photo: Nguoi dua tin) |
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In Vietnam, dried Gastrodia elata still holds a fairly good price, around 50,000 VND/100g and the premium type can be sold for nearly 400,000 VND/kg. (Photo: Nguoi dua tin)
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| This shows the difference in prices and market demand in different countries. (Photo: Long Chau) |
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