China's raisin output will rebound to 190,000 tons, and end-of-season stocks may be as high as 30,000 tons

The "China Raisin Annual Report" recently released by the U.S. Department of Agriculture shows that China's raisin production is expected to increase by nearly 12% in the 2023/24 season (August 2023-July 2024) compared with the previous season, reaching 190,000 tons, and exports are expected to rebound. to 25,000 tons. Although the economic recovery is less than expected, raisin consumption may still grow slowly to 172,500 tons, but imports will further decline to 17,500 tons. Production China's largest processing grape growing area is Turpan, which produces more than 90% of the country's raisins. Last season's epidemic control had a negative impact on fresh grape harvest and raisin processing. After all controls were lifted, the production, processing and trade of grapes has returned to normal. Raisin production is expected to rebound by nearly 12% in the 2023/24 season, reaching 190,000 tons. Processors in Turpan said that extreme temperatures during the grape development period ...