×
Based on your current location, we selected the North America edition of FreshPlaza.com for you I want to remain in this edition
Please click one of the other regions below to switch to another edition.

world_map North America Latin America Oceania Africa Asia Europe



Announcements

Job offersmore »






Specialsmore »

Top 5 - yesterday

Top 5 - last week

Top 5 - last month

Exchange ratesmore »


China: Kiwi industry suffers heavy losses

Throughout October, it has been a hard time for kiwifruit farmers. Since mid-October, in less then a month, kiwi prices have dropped from 8 yuan per kilo to today's 2-4 yuan per kilo. The fall in prices and sales stagnation is the same all over China.
 
The main reasons are:

1. Market demand for kiwis was high before. There was a lack of kiwi fruits and demand exceeded supply.  Buyers tried to buy every kiwi available. At the same time, quality requirements weren't very high. This state of affairs made high prices possible.

2. Kiwi fruits were affected by unfavorable weather factors such as early drought and late rains.

3. The national kiwi industry developed too fast and created an oversupply.

4. Buyers' requirements became much higher.

5. There are no clear grading standards. Buyers and farmers don't really understand how to evaluate the quality of kiwis.
 
Source: Economic Crop News


Publication date: 11/15/2017


 


Receive the daily newsletter in your email for free | Click here


 

Other news in this sector: