"The overall production volume of pears in China decreased by around 40% this year in comparison with last year as a result of extreme weather conditions. The harvest season of fresh pears is already over, and there is still a large volume of pears left in refrigerated storage, but traders with warehouse stock predict that the price will continue to climb. Many traders are therefore hesitant to sell too early, which in turn drives up the demand for pears." This is according to Mr. Pang of Hebei Province Botou City Panglong Fruit Co., Ltd.
Pears
"The price of pears greatly increased because of a reduction in production volume. The price increased by as much as 40%-50% in comparison with the same period in the previous year. Market supply is swift, and it is our estimate that the price will continue to increase in the near future."
Pear packaging
"The extreme weather conditions did not only influence the overall production volume, but also the product quality. The two major pear varieties in Hebei production areas show a divergence: the quality of Ya pears is worse than last year, while the quality of Huangguan pears improved."
Pears
"As for export, many overseas traders reduced the volume of their pre-order because the price of pears increased. We are not worried, however, because the overall supply volume of pears is limited and domestic market demand is strong. The volume of pears that is not exported is easily absorbed by the domestic market."
Mr. Pang
Company name: Hebei Province Botou City Panglong Fruit Co., Ltd.
Telephone number: +86 3178229361
Website: http://www.glfruit.com/