China: Australian M7 oranges enter market - Californian cherries enter end of season

This week, the long awaited Australian oranges have started to arrive on the market. Among them are also the early ripe M7 oranges, which reached Shanghai this weekend. Apart from Australian oranges, the sales speed for other oranges has slowed down this week. The prices are also slightly going down. Simultaneously, the Californian cherries are reaching the end of their season. The product quality starts to get unstable, which makes for a chaotic price on the market.

On Thursday, the first two boxes of Australian oranges of this season will be for sale in Guangzhou. The quality of the two boxes is different, but the market did not expect the variable, overall quality. The first box has different kinds of spots on its oranges, but the quality of the second box, on the contrary, is rather good. This is why the sellers have started sales of the first batch of Australian oranges with a price of 330 yuan. This weekend, the first box of M7 oranges will be for sale in Shanghai. These oranges will be from the brand Sunkist. Even though the hardness of the oranges is good, the skin is too thick, and the taste is not good enough. They are very different from the advertised sweet M7 oranges. That is why the price will not be very high. Right now, it is around 300 yuan. More than half have already been sold.

Second box of Australian oranges that arrived in Guangzhou this week & Australian M7 oranges sold in Shanghai

This week, Shanghai has also received the first box of 2PH oranges from the Australian brand Afourer. 2PH oranges have a great reputation in China, but in the past few years, Honey Murcott has been exported more. This year, the Chinese market has confidence in the seedless Afourer oranges. The Afourer oranges of this first box have a rather sour taste, but sellers are already setting a price of 280 yuan (10kg), and they are selling very well.

Compared to Australian oranges, the price and sales speed of other fruits, such as the American late lane oranges, the Egyptian summer oranges and the South-African grapefruits, have dropped. On the one hand, the weather has been cool and rainy this week, so the demand is not so high. On the other hand, the American late lane oranges and the Egyptian summer oranges are gradually entering the end of the season, so the quality is unstable. The Egyptian oranges have a problematic thick skin. This week, the price of qualitatively bad Egyptian oranges lingers between 70 and 90 yuan, whereas the price of better oranges is around 120 yuan. However, the sales speed is quite slow. Even though the South-African grapefruits are still early in the season, from a price of 220 yuan for the first box, the price experienced a big drop. This week, the price has already dropped to 160, but the sales speed is still not very high.

Another product that is reaching the end of the season are the Californian cherries. This week, the quality of new Californian cherries has gotten worse. The difference with older produce is rather big, so the price has dropped compared to last week. Moreover, the difference in prices of cherries of different qualities is also rather big. For example, the qualitatively good cherries from the brand Bing are sold for 480-500 yuan/5kg. Cherries of a worse quality are being sold below 450 yuan. The products in stock have to be sold as soon as possible, as the market will soon welcome the Washington cherries.

Author: Yang Shuang