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Lemons doing well
Middle East: Difficult market for South African citrus
It was expected that the Egyptian Valencias would be gone from the market by mid July, but it seems it will be more like the end of August before the market is clear. David says the only thing to be done is to assure customers that the South African fruit is now full colour and of high quality and keep competitive on pricing.
Shipments being sent now will coincide with Ramadan and David is optimistic about the next four weeks, when South Africa will be the only ones with Late Navels and prices should increase. Navel orange prices this season started at $2 less than last year and then took an unexpected dip due to the poor colour fruit not being well received in the market.
At the moment Navels are selling for around the USD 8.50 FOB mark for a15kg carton of class I, size 72-88, the current actual selling price in the market is 40-43 Dirhams (Dubai), which is less than cost price.
On the other hand lemons are doing very well, 45% of South African lemons go to the Middle East, and they are in short supply, selling at $13 FOB for popular counts. South African did well from the start because the markets emptied of Turkish lemons sooner than normal due to the conflict in Syria and the trucks not being able to get through from Turkey.
Soft citrus has also been going well in the Middle East market and overall citrus grower returns have been buoyed this season by a good exchange rate for the South African Rand, this will help to compensate the lower US$ selling prices for Navels and Valencias.
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Other news in this sector:
- 2019-09-13 China: "Mid-autumn festival pomelo gift boxes"
- 2019-09-13 "High demand for European mandarins"
- 2019-09-13 The Union calls for analysis of the impact of the Mercosur treaty on Spanish citrus fruits
- 2019-09-13 Yuzu - A new super fruit
- 2019-09-13 Juice bar makes bioplastic cups from orange peel
- 2019-09-13 Plentiful supply keeps lemon market soft
- 2019-09-13 USDA citrus maturity test results released
- 2019-09-13 South African citrus continues to build volumes to China
- 2019-09-12 "Citrus from South Africa selling better than grapes at online wholesale website"
- 2019-09-12 Will the harvest forecasts change after the storms in Spain?
- 2019-09-12 German citrus market on the verge of switching to European goods
- 2019-09-12 Could Florida oranges find a future through pea powder?
- 2019-09-12 Florida: Citrus growers optimistic for new season
- 2019-09-12 Researchers work to understand bacteria that is killing citrus trees
- 2019-09-11 China: Mandarins from Meishan fetching 3.6 yuan/kg
- 2019-09-11 Spanish citrus production expected to fall, especially clementines
- 2019-09-11 Spanish province of Castellon loses 1 out of every 5 hectares of citrus in 20 years
- 2019-09-11 Citrus Research Board names Marcy L. Martin as President
- 2019-09-11 Turkish producers begin harvest of Meyer lemons
- 2019-09-10 Immediate changes to water market needed to protect citrus growers from inflation