The longan harvest season will start in July in Southern China, especially in the two main producing areas of Guangdong and Guangxi. Early fruit will enter the market in late June. Sweet and refreshing in taste and pleasant in texture, longans are well-loved by those who have tried them. What are the market outlooks this year, will it be different from the low markets seen in lychees and mangoes?
A grower in Guangxi said that the increase of longan production this year is even larger than the 36% of lychees - it is expected to increase by about 40%. In Guangxi, longan trees are laden with fruit. Many feel that this year will see a once-in-a-decade bumper harvest. For growers, this means an increase in supply, and as market supply will exceed demand, prices will be lower.
In Guangdong, the production is increased by at least 50%. This is mainly due to the favorable weather. In the twelfth lunar month of 2020, a strong cold snap struck, leading the temperature in Guangdong and Guangxi to drop to about 0℃ and remained for a relatively long time. Although the cold snap was damaging to the growth of citrus, it was very beneficial for trees of longan and lychee, as longan trees were in the budding stage, which usually needs lower temperatures.
It soon turned out to be the case. Both longan and lychee trees started flowering soon after the Chinese new year, which indicates a bumper harvest. For longan, there was a large volume of female blooms and more fruit. This in fact has given growers more headaches, as it is necessary to thin the fruit in a later stage, otherwise, it would be difficult for the fruit to grow. At the same time, as an on year, the production will inevitably increase, and with high production, prices are destined to fall continuously.
In fact, longan prices have not been good in recent years and have been fallen year by year. For example, in 2020, the production exceeded 2.2 million tons, and the purchase price fell to 0.8 yuan per half a kilo. Growers hoped that although the market worsened last year, it should be improved this year, but from the production outlook, it seems that prices will inevitably fall.
Source: Huinong Circle