South African Oranges are selling fast in the Chinese market due to high demand, raising the price to USD 5.58-6.98 (RMB 40-50) per 15kg carton in W40 in the Shanghai market. Before the national holiday, the price of Valencia oranges stood at USD 19.54/15kg (RMB 140), and in W40 the price stood at USD 25.12/15kg (RMB 180). Midnight oranges (size 56 and 64) prices stood at USD 20.93-22.333 (RMB 150-160) per 15kg carton and in W40 at USD 27.91 (RMB 200). The price increase was primarily caused by a lower arrival volume of South African oranges.
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