Chinese Shatang mandarins facing reduced production and apple prices rising

Recently, various markets have been seeing an increase of 0.2-0.3 yuan per half a kilo on Shatang mandarins. This is due to the fact that most of the fruit harvested in the earlier period were open-field fruit and most of the growers of covered fruit are still holding a wait-and-see attitude. In addition, the weather has been very cold over the past days and there are fewer growers harvesting, so the supply is reduced. Driven by these factors, the price of covered fruit in the production areas has risen by 0.10-0.20 yuan per half a kg. However, the price of most of the open-field crop fell below 1 yuan; the price of poorer-quality products even fell to 0.50-0.60 yuan per half a kilo.

The production of Shatang mandarins is the biggest factor affecting the sales of apples from northern China each year. The early arrival of low temperatures this year will have certain benefits for apple sales in the later season. Traders are actively preparing goods in various production areas, and packaging and shipments from cold storage warehouses are increasing. Gift boxes are more common and the trading atmosphere has improved significantly.

The turnover speed is significantly faster, mainstream transaction prices have temporarily stabilized, and sales have sped up significantly. Especially, lower grades with affordable prices are being harvested in a rush, and prices are also seeing a slight increase of 0.10-0.20 yuan per half a kilo. This is good news for the apple market which has been low for a long time.

Source: Northwest Fruit Industry Information

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