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China: Price of imported oranges goes up

The average price for fruit on the import market has been rising since late February and sales have been encouraging. 



Last month, the majority of sellers sold out their complete stock of US oranges without any notable effect on the pricing. In fact the price for US oranges is on the rise. At the beginning of February, the price was at 260 RMB. By the end of the month, it had become 365. At present, the price is at 370 RMB. The sales speed is also optimal. The supply of Egyptian and Spanish oranges is a bit unstable, so they aren't available on the market every day. Furthermore, Spain suffered from local rain and snowstorms, which influenced the sales volumes and quality. Some of the oranges are not ideal in terms of hardness and taste. As a result they were sold at the beginning of February for 160 RMB and have since risen to 240 RMB. The Egyptian oranges started at 120 RMB in February and had risen to 150 RMB by the end of the month. Here too, the sales speed is very good. Because the Spanish and Egyptian oranges are relatively cheap, they are very popular online.

Other imported fruits that are also rising in price are blueberries, dragon fruit, durian fruit and several others. By the end of February, blueberries had gone up to 160 RMB, a price increase of 10%. White dragon fruits rose to 195 RMB, an 8% increase. Thai durian fruits were up by 10% to 720 RMB. 

The market price of grapes has gone down. Seedless grapes from South Africa ended February at 120 RMB. That is a price drop of 25%. Seedless red grapes dropped 4% to 115 RMB and Peruvian red grapes remained at 190 RMB without showing much fluctuation.

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