Xiangshui lemon prices doubled in Guangdong, China as demand exceeds supply

Published 2021년 3월 31일

Tridge summary

Lemon prices in Jiangmen, Guangdong province, China have doubled due to increased demand and reduced production caused by last year's dry weather and frost damage. The majority of China's Xiangshui lemons are produced in the Jiangmen area and current wholesale prices are at an all-time high. This situation has not affected lemon sales volumes despite the price increase. China has over 53,000 hectares dedicated to lemon growing, making it the world's second-largest producer after Mexico.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to a report from China’s CCTV news channel, lemon wholesale prices in the city of Jiangmen in Guangdong province have recently been on the rise — in particular, prices for the “Xiangshui” seedless lemon variety have doubled. According to the report, one 100-hectare Xiangshui lemon growers cooperative in Enping in the Jiangmen area has not only seen prices double but is also unable to keep up with demand. Currently, China’s wholesale prices for locally produced Xiangshui lemons are at an all-time high. The majority of Guangdong’s Xiangshui lemons are produced in the Jiangmen area, mainly concentrated in Enping and Taishan. According to the director of one professional lemon cooperative in the city of Enping, from July to October of last year the purchase price of Xiangshui lemons was approximately 14 Chinese yuan ($2.14) per kilogram, before dropping to less than 4 yuan ($0.61) per kilogram in November. Now, however, Xiangshui lemon wholesale prices have climbed as high ...

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