China: Cold storage apples sold out

According to a survey, due to rain and hail, the overall output of the “apple province” in Shandong this year fell by 20% to 30%, and the purchase price rose. Nowadays, apples will be sold once as soon as they are picked. Traders are asking around for purchases and before long the cold storage is expected to be sold out.

A few years ago, China’s apple industry experienced a sharp increase in output, and prices fell sharply. Fruit farmers suffered heavy losses, and they cut trees and made another living. However the situation has reversed this year. Especially due to the rain and hail, the output of apples has declined rapidly, and the market has been in short supply. According to Qixia fruit farmers, the majority of apple growers in the area have reduced production by about 20% to 30%. The quality is the best in recent year in terms of its size and appearance. The price thus increased.

High market demand
Apple traders said that due to the low supply and high prices this year, the acquisition was not difficult. In addition, due to the obvious increase in Apple prices, many buyers are hoarding apples.

Among the public areas, Shaanxi Province ranks first in the country with more than 11 million tons, and Shandong and Gansu rank second and third. This year, Shaanxi, Gansu and other places experienced large-scale frost damage during the Qingming period. Some parts of Shandong suffered from hail. During the May 1st holiday period, there were many rains, which led to a reduction in production nationwide.

Source: Wanguo Fengyunhui

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