This is the time of year when pomelos enter the market. The production volume of honey pomelo in Meizhou declined by around 20%, while the production volume of Shatian pomelo declined by around 10%. The production volume of Shatian pomelo in Shaoguan declined by around 20%. When the pomelo first enter the market, the price of pomelo in production areas is expected to be 15% lower in comparison with the same period last year.
The weather was wet and cloudy in February when the pomelo trees were in bloom. The weather was not suitable for the pollination of pomelo trees. Furthermore, the weather in April and afterwards was rainy as well and many pomelo fell from the trees. Relevant data shows that honey pomelo trees in Meizhou carried 30% less fruit than last year. The Shatian pomelo trees carried 15% less fruit, while the Shatian pomelo in Shaoguan carried 30% less fruit.
Since the trees carried less fruit, the nutritional value of individual fruit is higher and so is the weight. The price of red honey pomelo, which will enter the market in late August, is expected around 4 yuan [0.56 USD] per kg in production areas, while the price of white honey pomelo is expected around 3 yuan [0.42 USD] per kg in production areas. This price is around 15% higher than in the same period last year.
Source: eastday.com