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China: Imported fruit prices mixed up

Imported fruit has always been synonymous with high prices. For the four main imported fruits, namely apples, oranges, watermelons and dragon fruits, however, this is suddenly the complete opposite. Their prices are now even lower than similar quality products from China. The first signs of this phenomenon were seen last year. This year, it is becoming more stable. However, this does not mean that the prices will only go up if the Chinese fruit quality gets better.

Whether it is Europe, America or South East Asia, they have all industrialized their fruit production. The production is large, standardized and with high finished product rates. For imported fruit, these are between 80% and 90%, with wastage rates of only 5% to 8%. The finished product rates for Chinese fruit are 50% to 60%, and its waste in the distribution process is over 30%. Because of the continuous increase of the Chinese labour and soil costs, the local fruit prices are starting to exceed those of imported fruit.

According to industry experts, the stable product quality and lowering prices will make retailers more enthusiastic to sell imported fruit. In the future, the fruit on the market will no longer be divided into local and imported fruit, but rather into high and low quality.

Source: Xinhua News Agency
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