Supply of Vietnamese Longans Exceeds the Demand in China in W45

Vietnamese Longans sold slowly and no new supply was received in the Shanghai Hui Zhan wholesale market on November 10, 2022. In the Shanghai Hui Zhan market, the price of Gold longan stood at USD 20.88-22.28 (RMB 150-160) per 13kg box on November 8, but the price dropped to USD 19.49-20.19 (RMB140-145) per 13kg box on November 10. The price drop can also be attributed to more longan supply arriving in the Shanghai market as the COVID-19 pandemic erupts in places like Guang Zhou, Zheng Zhou, and He Bei. In W45, the demand for Longan is less than the available supply.