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Soft-seed pomegranate prices slashed after Mid-Autumn Festival

After the Mid-Autumn Festival, the price of many fruits in the wholesale markets around the world got into a tragic situation. Tunisian soft seed pomegranate was a sought-after commodity on the market before the festival, and the price reached 24 yuan/kg. Now it is only half a month from the Mid-Autumn Festival, and the price of soft seed pomegranates in the market has been cut drastically. Today the price is maintained at about 7-11 yuan/kg. The quality increased but the price collapsed.

At the end of August this year, when the soft seed pomegranate just entered the market, the amount of ripened fruits in the production area was small. The goods in the market were also less, and the early market was good. The price generally reached 20 yuan/kg. From the Mid-Autumn Festival to the beginning of September, the price has been rising. Driven by pre-holiday consumption, the sales of gift boxes were quite good. But after the festival, the price of soft-seed pomegranates fell rapidly.

On one hand, soft seed pomegranates could be shipped in large quantities before the Mid-Autumn Festival in previous years, while the peak period has only come until now this year. A wave of sales boom before the festival has not caught up, and the overall consumption after the festival declined. As the pomegranate of origin is still on the market, the goods move slowly.

On the other hand, the lockdown during the Mid-autumn Festival continued to rebound, and the goods could not be shipped out. The consumption of soft seed pomegranate was hindered by the price rise. When the lockdown was lifted after the festival, a large number of soft seed pomegranates suddenly poured into the market. The price began to decline.

In addition, the lockdown has been repeated in the past two years, and consumption has been degraded year by year. Large-scale consumption mainly focuses on low-quality and good-quality fruits, and high-priced and good-quality fruits are niche consumption after all.

There will be a small peak in sales due to National Day, and some insiders said that if there is no market rebound before National Day, there will be no chance after National Day. A variety of citrus, grapefruit, pear, persimmon, etc. have been listed in the same period, which would affect the follow-up price of soft seed pomegranate. The price may fall again, but the overall price is still much higher this year than in the same period last year.

Soft seed pomegranate is the majority on the market and hard seed pomegranate is only a minority, which shows that there is still room for growth with the soft seed pomegranate. The proportion of soft seed pomegranate will be higher and higher, and the demand for hard seed pomegranate will gradually weaken. However, soft seed pomegranate can not completely replace hard seed pomegranate on the market.

Source: Fresh Legends

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