China: Avocado prices doubled within two weeks

As summer is just around the corner, the listing season of some fruit varieties, such as apple, grapefruit and other citrus fruits, is gradually coming to an end, which offers huge market opportunities for avocado and its price nearly doubled within two weeks.

Although avocado is commonly seen in a lot of high end fruit shops, the big demand still comes from the restaurants and catering industry. According to the insiders, avocado is widely used in making salad, sushi and fruit drinks.

Contrary to this market popularity, nobody was interested in this fruit dating back to 2 years ago. This year, its sales are very promising. Two weeks ago, its price range was between 200-250 Yuan per case, but now it has risen to over 380 Yuan per case due to its limited market supply during this low season.

Speaking of loquat, who are about to come out of the market soon, their price also remains at a high level. Especially loquat, whose price increased from 14 or 16 Yuan per kilo last year to 30 Yuan per kilo this year. It is estimated that the price will not go down much as the cold wave resulted in the low yields of spring season fruits.

Source: Xiamen Evening News