It is reported that since 2017, the market of shatang mandarins has been declining year on year. So far, 50% of the crops have not been harvested, which adds insult to injury for farmers.
Based on the current area, the acreages of shatang mandarins in production in Guangxi and other regions are expected to exceed 3 million mu, which means a production of 15 billion kilograms if calculated based on a yield of 5,000 kilograms per mu. Even if production in certain areas does not reach this level, the total planted acreages are to surpass 3 million mu, which means that with 1.4 billion people, each needs to consume more than 5 kilos.
The current trading price of shatang mandarins grown under protective covers is mostly 1.3-1.5 yuan/half a kilo, and the consumer price is about 3-4 yuan/half a kilo. Some orchards not protected by the covers have suffered serious fruit fall due to frosts and continuous rainfall. The trading price of these crops is mainly 0.5-0.8 yuan/half a kilo. Industry insiders reported that fruit vendors only considered protected orchards, while sales of crops not grown under protective films were difficult. Judging from this development, shatang mandarins will gradually step down from the altar.
Source: WEMP