Chilean Cherry Market in Brazil During W48
Stelamari Ito
Published 2022년 11월 29일
Chilean cherries from the 2022 season started to arrive in the Brazilian market on W45 by air, and wholesale prices started around USD 56-66/ box of 5 kg on CAT 1 calibers Jumbo+. On W47, the truckloads hit the market, lowering wholesale prices. On W48, the wholesale prices are down to USD 18.89-28.34/box of 5kg on CAT1, calibers Jumbo+ as there is a prospect of more cherries hitting the market soon.
Buyers report that Chilean cherry producers are using Brazilian cherries as a dumping product since the production of cherries in Chile has doubled. The Chinese New Year’s will be two weeks earlier than usual the period, giving Chile a shorter period to ship cherries to the Chinese Market. Buyers expect a crash in cherry prices that could be down to USD 9.45/box of 5kg after the Chinese market decreases its demand.
Buyers report that Chilean cherry producers are using Brazilian cherries as a dumping product since the production of cherries in Chile has doubled. The Chinese New Year’s will be two weeks earlier than usual the period, giving Chile a shorter period to ship cherries to the Chinese Market. Buyers expect a crash in cherry prices that could be down to USD 9.45/box of 5kg after the Chinese market decreases its demand.
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