Here's where we are in Fall 2019. To backtrack a little, in November 2017 there was a massive panic caused by false rumors that Federal DEA were about to "schedule" kratom. Ban it like cannabis or heroin. Of course people still get their cannabis or heroin, right? But it caused a blind panic.. and ALL vendors got completely cleaned out.. It took only around 10 days!!
The November 2017 Panic, caused a huge Supply and Demand problem for Indonesia. All the USA vendors wanted to order tons of re-stock immediately. So the Indo's of course were happy to take the money. Orders were filled with whatever green dirt they could pack into boxes, 20 kilos at a time. Spring 2018 was a terrible time for kratom...
Flash ahead 18 months. Kratom has recovered nicely in 2019, the market boomed last year. There are now well over 300 online vendors active. Not even including, all the individual wanna-bees selling from backpacks and Facebook accounts! I have documented Count: 321 vendor websites currently active.
- Vendor COUNT = 321
- PPG Minimum $ = 0.10
- PPG Maximum $ = 1.02
- Median 320 PPG. = 0.22
- Total 256 AVG. = 0.23
- Lower 160 PPG = 0.16
Again, Average Price is skewed by a few high price rip-offs who charge outrageous money.. The lowest prices are all around .10 cents PPG. Only .12 cents below average... But the high guys are up around .68 cents which is .45 cents above. Average price doesn't really mean much.
A better indicator is to cut the 320 vendors in half. Top half are 160 rip-offs. Bottom half 160 are at least reasonable, plus many cheap guys. So Average the PPG, among the lowest 160 = 0.16 PPG. That's more like it. You have 160 plus 1, a fair statement is "The majority of vendors AVERAGE .16 cents per gram, or Less, for a Quarter Kilo.".
Bottom Line: You should not pay more than $40 for a Quarter Kilo. Top Dollar!
Look for The Fall 2019 Vendor List to come out, later this week!
