Lianhua Qingwen is a Chinese traditional medicine that is known to help prevent infection.
Although this medicine is only indicated for treating common symptoms of patients with COVID, such as low-grade fever, cough, and fatigue, people’s demand has skyrocketed after China eased its COVID restrictions.
Accordingly, the price of this item fluctuates significantly in the market, although Yiling Pharmaceutical announced that the company’s Lianhua Qingwen supply price has recently remained stable.
According to STCN, drugstores in many places were out of stock, and the news that Lianhua Qingwen was out of stock continued to ferment, causing the price phenomenon of Lianhua Qingwen to increase uncontrollably.
At the end of November, after Lianhua Qingwen had an “out of stock” incident, some pharmacies increased the price of Lianhua Qingwen capsules to varying degrees. At that time, Lianhua Qingwen capsules with the specification of 0.35g*48 capsules/box at pharmacies cost $6.60/box (46 yuan/box), and the price increased by more than 50% compared to before.
Drugstores raise prices themselves, but online sales platforms also constantly change the prices of Lianhua Qingwen.
Li Fang Yuan, an office worker in Shanghai, told China Star Market that she saw on the online e-commerce platform the price of Lianhua QingWen increased three times a day. Some stores have limited quantities or only sell it with other drugs.
It is worth noting that recently on the market, there are still a lot of counterfeit Lianhua Qingwen products. In addition, many fake and poor-quality products with similar words sell at high prices.