Strong fall in freight prices stimulates Chinese chestnut export

In Shandong, one of the main chestnut growing areas, the new season started at the end of August and is expected to last until about May next year. Regarding this season's exports, Wang Pingyuan of Rizhao Wanhong FoodStuffs discussed the market situation with Freshpublishers. This year, the growth of most horticultural products, including chestnuts, worldwide has been affected to varying degrees by the frequent extreme weather events. It is estimated that the total chestnut harvest in Shandong will decrease by 30%-40%. Over the past two years, chestnut exports have been impacted by several factors related to the pandemic, including the rising cost of maritime transport. "It is gratifying that the situation has improved from the second half of 2022 and that the total freight rate in Shanghai has decreased significantly compared to the previous period, which is good for the exporters. In terms of exports, the current export price of chestnuts is higher than the same period last ...