Chinese banana price is reasonable, market conditions improve in Guangxi

The market conditions in Chinese banana production areas have been stable in the last few days, although the prices in Guangxi showed a slight rise. Even though the price increase is minimal, the effect is stimulating. There are no big changes in Guangdong, Laos, and Myanmar. In Yunnan, however, the market is in disorder. The number of production areas in Yunnan is large and supply is widespread. Market orders are unstable and change according to price fluctuations.

The banana price in Guangxi slightly increased after several days of slight decline. Guangxi is one of the major banana production areas in China. The prices in Guangxi are not considered high and the product quality is good. Furthermore, the supply volume is decreasing. Market demand for top-quality products is still strong, which is why the banana price in Guangxi is slightly, but steadily rising.

Source: ncw365.com


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