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According to Brown Group

Chile: Fruit prices in the U.S. and China improve

John Carolus Brown, managing director of the fruit exporting company of table grapes Brown Group, said he sees the next season "with cautious optimism." This is, because although the company had performed well in the U.S. and Chinese market, it suffered a slight decrease. "This season we had a decline of about 5%. Also smaller sizes were sent," said Brown.

The businessman said he expects "slowly to regain the levels of previous years, because now this small decline is partly a process of replanting that we are making." According to Brown, prices in the United States were at a good level, and also higher than last season. In other markets, the executive said that "China was 20% better than last year, which is important to us because currently it is our main market."

Brown said that Latin America was "interesting, because while the price remained about the same, the demand grew considerably. However, Europe had its ups and downs. Lots of fruit was sent to England and Germany, a kind of redirection within Europe, and that affected prices. The abuse of concentrated shipments to these two markets, which were the most robust in the crisis, was reflected in price levels." Forward, Brown predicted that "Europe is a great question mark, and we do not know how it could react."

In Brown Group the seasonĀ“s tonnage was reduced by 10%, which was reflected in the figure of 4,500 tons.

Source: Estrategia

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