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Harvest of early apples starts as new pear crop prices soar

New-season Crown pears from Anhui, Shandong, and Hebei are being harvested in large volumes. As production in Hebei and Shandong saw a significant drop this year, purchasers are having great expectations for the market after the new crop is put into storage. Some believe that the market is likely to recreate the high prices seen in 2018 and 2019, resulting in extremely high purchase enthusiasm after the pears are harvested. The purchase price has surpassed the highest seen in 2018 and 2019.

Compared with the purchase price seen last year, the price of early apples fell by an average of about 30%. A similar decline is seen in the price of seasonal fruits. In comparison, the price of storage Fuji apples this year dropped by 70% year-on-year, which is much lower. It can be seen from this that the purchase price of early apples has a higher correlation with that of seasonal fresh fruits.


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