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Fruit prices during China's National Day holiday week are more affordable

During the National Day holiday week, seasonal products in the consumer markets became more affordable. From September, the weather in all fruit production areas China has been good and growing, harvests, and transportation have all been performing well. The overall volumes have been sufficient and prices have been relatively stable. The supply of fruit during the holiday week was greater than that during the Mid-Autumn Festival. Although varieties available were similar, prices were significantly lower.

Insiders also said supply throughout China this spring and summer was tight, so prices went up and did not start to slowly fall back until mid-September, but even then they were still high. With an increase in the volume harvested and supplied before the holiday week, the trade volume on the market continued to increase, and competition among fruit merchants increased.

If no extreme weather occurs, the fruit market is expected to remain in its current trend toward more affordable produce.

Source: iFresh Fair

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