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Price continues to rise

China: Cherry production volume down by 70%

The main cherry production areas in China are in Shaanxi, Hebei, Gansu, and Shandong. This year these areas suffered from an unexpected cold spell in spring and the cherry production volume decreased by 70%. In some parts of Shaanxi and Gansu the production volume decreased by as much as 95%. However, the price is much higher this year than it was last year. The reduced production volume effectively stimulates cherry sales.

The Dalian cherry supply season lasts from February until July. The season is expected to last until July 20th this year, which is an extension of 20 days in comparison with last year. The price is much higher this year because the production volume of Dalian open-field cherries decreased. The price of Dalian cherries in refrigerated storage is 50 yuan [7.80 USD] per 0.5 kg. The price of Hongguang cherries from Yantai is 12-13 yuan [1.87-2.03 USD] per 0.5 kg.

People in the industry say that Dalian cherries are in high demand despite the price increase. The fame of Dalian cherries grows throughout the country. Add to this the stimulating role of online sales and Dalian cherries easily reach every corner of the country, where they are met with enthusiasm. The combination of fame and limited production volume means that the price of Dalian cherries is high, and not likely to come down.

Source: iFresh Fair Asia
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