China: South African grapefruits go on sale

This week, the orange import market welcomes yet another new product. Grapefruits from South Africa are arriving on the Shanghai market this week and they are now being sold. This again increases the abundance of products on the orange market. But the introduction of new products definitely hasn't influenced the sales of other oranges. The late-season navel oranges and the summer oranges are still selling just as well as before. In stark contrast, the US cherries, which only recently went on sales, are showing a gradual downward trend, moving towards a lower equilibrium.

Following the official start of the summer in Shanghai, the sale of oranges is booming. This week, the US late-season navel oranges were continuously at a high price. The No 88, for example, had a price that fluctuated around 380 RMB. The figures also show a sales peak during the weekend. The Egyptian summer oranges, which have been in a very stable position during the whole season, are continuing in the same way this week. Their price is fixed at 150 RMB (an example is No 64). The sales are also very smooth. But different from the oranges, the sales situation of the South African oranges that just arrived on the market is only average. As a result, the price of 360 RMB they had at the beginning on the week has dropped down to 300 RMB by Sunday (example is No 45). The sales speed has also slowed down. The main reasons are the high price, but also apparent problems with the quality of the early-season oranges. Because the harvest period was early, the outward appearance and the taste of the oranges still have to mature further.

The South African grapefruits

Following the promotion of the production season, the quantities of US cherries that arrive are growing day by day. The sales price on the market is also continuously being adjusted as a result. It has been moving to an equilibrium this weekend. The Coral variety, which is currently very present, has a price of around 630 RMB to 640 RMB (an example is 9.5R). The Chelan variety on the other hand, had some serious problems with the newly arrived batch. Over the weekend the price has dropped to 550 RMB to 560 RMB. At present, the price of imported cherries is still higher than that of Chinese cherries. As a result, the online sales platforms that mainly cater to middle-end and high-end customers are being occupied by US cherries. Also worth considering is the fact that the US cherry suppliers promoted capsule-like, compact and small packaging. These are undeniable popular with retail customers.

US cherries with a 5kg packaging and the capsule-like packaging

Author: Yang Shuang

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