He also added that they expect demand for their fruit to increase towards the end of this month as the Lantern Festival in August approaches. The big season will, however, last for a short period as demand in other Asian countries such as China and Hong Kong will begin to pick up by the end of August or early September.
“The demand for our fruit is expected to shoot up by the end of this month, with a better supply and better prices. However, things will take a different direction towards the end of August. The demand doesn’t always match supply as importers in other Asian countries begin to import during this time (early September),” explains Obori.
Amori Trading exports less than one percent of its produce during the Lantern Festival. "Things will also be different during the Mid-Autumn festival this season as the Japanese currency this year is 25% stronger compared to last year. Notably, most of Japanese production is consumed locally as the domestic market is huge."
For more information:
Hideo Omori
Aomori Trading (Japan)
Phone: +81 172888115
Email: hideo.obori@aomoritrading.com
www.aomoritrading.com