Chinese fruit prices expected to fall after holidays

In autumn, common fruit categories such as apple and pear will flood onto the market. The Mid-Autumn Festival and National Day have a limited effect on driving up fruit prices and overall fruit prices are largely controlled by seasonal declines. The overall price level is also expected to be significantly lower than in the same period last year.

Due to frost and hail storms in most parts of North China, the production of apples is expected to decrease slightly. September was a transitional period for the new crop and the volumes in stock, so prices have risen steadily. After the holidays, prices are expected to fall with the new crop flooding onto the market.

The peak supply period of watermelons has passed, and prices are expected to climb up. Under the combined boost of increased demand and decreased supply during the holidays, the price of Kyoho grapes is expected to stop falling and climb back up.

Ya pears are also in a transitional period, but the average wholesale price continued to fall from June to September. It is expected that the risk of seeing a sharp drop in prices will increase after the new crop becomes available, which may have a negative impact on production next year.

Bananas have a long market season and relatively stable prices. The price of high-quality bananas is expected to increase slightly in the later period.

With sufficient supply at home and abroad, the main production areas in China will adopt measures such as combining online and offline sales, direct supply, and point-to-point cold chain transportation to cope with the fierce competition in the autumn fruit market.

Source: askci.com


Publication date:



Receive the daily newsletter in your email for free | Click here


Other news in this sector:


© FreshPlaza.com 2020

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber