Chinese fruit prices soar due to Mid-Autumn Festival

Published 2022년 9월 2일

Tridge summary

The article highlights the bustling activity of fruit sellers in Guangzhou's wholesale market in anticipation of the Mid-Autumn Festival, which is scheduled for September 10, 2022. This festival is known for its traditional fruit gift-giving, leading to increased demand and higher prices for various fruits. Popular choices include seedless pomegranates, Autumn Moon pears, red grapefruit from Thailand, persimmons, and a variety of imported apples and oranges. However, the price of Australian mandarins has seen a significant drop due to reduced demand, likely linked to COVID-19 travel restrictions. Additionally, the article notes a decrease in the supply and market presence of lemons and an increase in the price of Peruvian blueberries and Xinjiang plums due to the Mid-Autumn Festival and smaller supply quantities.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

It's just over a week until the Mid-Autumn Festival [September 10, 2022]. Fruit sellers are busy stocking up on fruit in preparation for the peak period. The number of buyers in the wholesale fruit market in Guangzhou has increased and trading is booming. In the run-up to the Mid-Autumn Festival, the prices of many fruits are rising and there is an excellent product movement. Seedless pomegranate and Autumn Moon pears are popular during the holiday season, but their supply seasons are just beginning. The offer this week is considerably larger than last week. The fruit is often sold in elegant gift boxes. The price of seedless pomegranates and Autumn Moon pears is not much higher than last week, but the products are now moving faster. In addition, the number of stalls selling red grapefruit from Thailand has increased. Red grapefruit is a typical gift for the Mid-Autumn Festival. Persimmons are also sold well, but the supply is much smaller than that of the other festive fruit. ...
Source: AGF

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