Chinese market price of Ori mandarins comes down again

The Ori mandarin is one of the most well-known mandarins produced in Guangxi. While the Ori mandarin was held in high regard as late as last year, and the price reached as high as 4-5 yuan [0.62-0.77 USD] per 0.5 kg, that situation has now changed. The Ori mandarins face many competitors in the Chinese market. That is one of the reasons why the purchase price of Ori mandarins has come down.

The Ori mandarins did well in the domestic market in previous years. And their market share in overseas markets continued to grow. China exported Ori mandarins to Russia and Canada in previous years. And Ori mandarins usually targeted high-end markets. That was back when the overall surface area devoted to Ori mandarin plantation was still limited and the production volume relatively small. The price was quite strong then.

This year, however, the market conditions changed for the worse. Many processing facilities had to temporarily halt business operations due to Covid-19. And consumers had less to spend. That situation was disastrous for a more expensive fruit like the Ori mandarin.

Shatang tangerines and Navel oranges are much cheaper than Ori mandarins, and these citrus fruits are quite interchangeable. The same situation applies abroad. Furthermore, the pandemic makes export more difficult and expensive. Chinese Ori mandarin export is scarce this year and Ori mandarins have difficulty reaching the high-end market. Under all this pressure the purchase price of Ori mandarins has already dropped from 4-5 yuan to 1-3 yuan [0.15-0.46 USD] per 0.5 kg.

The price of Ori mandarins will not reach the same heights as last year, at least not as long as cheaper Shatang tangerines are still on the market. Only when the Shatang tangerines leave the market after Chinese Spring Festival [12 February, 2021], only then can the price of Ori mandarins rise again. Ori mandarins usually enter the market later, but this year the mandarins enter the market early to compete with Shatang tangerines for commerce during this festive period. Whether the price of Ori mandarins is able to recover will only become apparent after Chinese Spring Festival.

Source: ifreshfair.com


Publication date:



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


Other news in this sector:


© FreshPlaza.com 2021

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

Subscribe I am already a subscriber