Cherries: Chile leaves an important commercial window in China

Published 2024년 10월 2일

Tridge summary

The article highlights the anticipated start of cherry exports from the Middle Valley of Río Negro, Argentina, to China in October, with the first batch being early variety cherries. This marks the beginning of the cherry export season, with a potential price of $60 per kilo due to the high demand and limited supply. However, competition is expected from Chile, which is projected to export over 450,000 tons, a volume that greatly surpasses Argentina's expected 1,500 tons. The competition becomes more significant as Chile can offer its early fruit earlier due to logistical issues in the Ovalle region, causing a delay in Chilean cherries reaching China by air. This delay could potentially provide an opportunity for Argentine cherries to secure a share of the market, assuming the quarantine in Ovalle is not lifted by late October or early November.

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Original content

If everything continues as it has been with the weather, between weeks 43 and 44 of this year (from October 20 to November 2) the first cherries from the Middle Valley of Río Negro will be arriving to the Chinese market. They will be the first early varieties that exist in the region and will reach the lands of the Asian Giant at a time when a kilo of this fruit could reach up to 60 dollars with good size and quality. The great competitor of the Argentine cherry in this window that appears in the Chinese market is another giant, but this one is Latin American: Chile, which will handle a total estimated export for the current season of more than 450,000 tons. A not insignificant volume that represents more than 60 times the exportable supply of Argentine cherries. The neighboring country enters the Chinese market with a significant volume of early fruit, achieving prices with very high returns. We are talking about an offer of 10,000 to 20,000 tons in those first key weeks (42 to ...

Source: Portaldelcampo