Price Drop of Chinese Fresh Carrots in the Shangong Location, in W46

Fresh carrot season in the Shandong region started in November and will end in December 2022. During this season, the harvest volume is stable, but the export sales market is inactive, causing a price drop in the Shandong location. In this new season, the size S carrots have more demand and are mainly exported to UAE/KSA market. In W46, the raw material dropped around USD 13.98/MT (RMB 200/MT) compared to the previous week, for CIF Jebel Ali USD 560/MT.