There are many varieties of Chinese pears. There are Chinese White pears, Ya pears, Snow pears, and Fragrant pears. Soon these pear varieties will enter the market in large volumes and peak season will begin. Data shows that while the pear varieties are numerous, the price is falling across the board. The overall market conditions are not the same this year as they were last year.
People in the industry stated that the price of Chinese pears was rising between May and July this year, but not at the same rate as in the same period last year. The reason for this difference is that the volume of pears in storage was relatively large and there was pressure on traders to sell their stock. The price was still rising, though, because pears are popular with consumers and the cost price is rising as well. When the prices of fresh fruit and fresh vegetables are on the rise, then the price of Chinese pears is pulled up as well.
However, the Chinese economy is cyclical and when the prices of fresh fruit and fresh vegetables are falling, then the price of Chinese pears is dragged down as well. This is particularly clear for watermelons and other large, seasonal fruits. Their price continues to fall and this affects the price of Chinese pears as well.
Source: cnr.cn