Price of Chinese bananas shows slight rise in some production areas, but remains stable

The price level of Chinese bananas was regular last week (June 7-13). The market is quite stable at the moment. In some production areas the price showed a slight rise, but in general the price remained stable. This is the time of year when a wide variety of seasonal fruits is available in the Chinese market. Competition is fierce. Banana production areas are not supplying large volumes, and consumer power is not strong enough to stimulate the market. The overall conditions are quite weak, but they are stable for now. Still, a growing number of traders are visiting the banana production areas and supply is slowly speeding up. This will help the banana market grow stronger.

Source: ncw365.com


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