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China: Sugar Tangerine starts a new season at a high price

Recently, early ripening sugar tangerines have been on the market, and the market performance has been good. Compared with last year and the beginning of this year, the price has increased a lot. The early-ripening variety, Jinqiu Tangerine has been on the market since the end of September. Since the growth cycle of this variety is shorter than that of the ordinary tangerines by two months, the time to market for the Jinqiu Tangerine is much earlier than that of the ordinary tangerine.

According to the introduction by Guangxi Xilin Taiyuan Fruit Co., Ltd., the purchase price of Xilin Tangerine is around 11 RMB/kg, and it is mainly sent to Beijing Xinfadi Market. The price of Jinqiu Tangerine at the beginning when it entered the market last year was also around 10 RMB/kg, but when it was launched in large quantities in November, the price was dropping. Last year, when a large number of Jinqiu Tangerines were on the market, some good-quality products from the production area were still being sold for about 9 RMB/kg, and the price of lower-quality was 6-7 RMB/kg, and some even fell below 6 RMB/kg.

At present, Xinyi's early-ripening sugar tangerines are also on the market. As they catch up with the early market, the price is relatively good. The purchase price of fruit merchants FOB can reach 8-10 RMB/kg. It is reported that due to the early-ripening variety, coupled with the proper management, the local sugar tangerines will gradually be ripe in late September. It is expected that one month later, all the fruits will be on the market and the purchase price will also be reduced.

Image source: xinyi-m

Looking at online grocery shopping platforms, the price of 500g tangerines is around 14.9 RMB to 15.8 RMB. Many consumers have left good comments after purchasing. Affected by climate and other factors, except for the Jinqiu Tangerine, the overall performance of the sugar tangerine last year was not very optimistic. The top-grade sugar tangerines are only 3.6 RMB/kg, and the middle-class ones are only 3 RMB/kg. The ordinary sugar tangerines can only be bought for 2.4 RMB/kg.

Due to the price of ordinary sugar tangerines, many people choose to plant early-ripening varieties like Jinqiu Tangerines. Whether Jinqiu Tangerine will perform better in the future remains to be verified by the market. This year, sugar tangerines received high prices at the beginning of the market. With the subsequent entry of a large number of sugar tangerines into the market, whether they can still maintain a good performance also remains to be verified by the market.

Source: iFreshChina


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