Chinese watermelon market is unstable, and the market price is quite low

The Chinese market price of watermelons has always increased in the middle of June, but not this year. Instead of rising, the price fell. Chinese watermelons are much cheaper than around this time last year. There are several reasons for this development. The watermelon market is not stable. In many regional markets the prices of Sweet King and Xinjiang Hansha watermelons have fallen below 1 yuan [0.14 USD] per 0.5 kg. The prices of other watermelon varieties is just as low.

According to watermelon farmers, the price increased in June last year because the greenhouse watermelon season had already come to an end, while the supply season of open-field watermelons had only just begun. Market supply was therefore limited. This year, however, weather conditions barely had any impact on the production volume. The production volume is much larger than last year, while the number of visiting traders is much smaller. This puts a lot of pressure on the price of watermelons.

The watermelons entered the market late this year because of weather conditions and because of the outbreak of Covid-19. The common price is somewhere between 0.5-4.9 yuan [0.07-0.69 USD] per 0.5 kg. Many watermelon sellers indicate that the price has fallen very quickly this year. The price changed nearly every day. The average price of Xinjiang Hansha watermelons, for example, recently dropped by 0.5 yuan [0.07 USD] per 0.5 kg every day of the week.

Distributors add that apart from the larger production volume, the main reason for the poor market conditions is the outbreak of Covid-19 and its impact on transport conditions. Furthermore, the order volume is much lower than around this time last year. In addition, consumers try to save money during this pandemic and so reduce their consumption of watermelons.

Source: Pirate Fresh [Haizei Shengxian]

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