"Despite the abrupt end of the Chilean grape season, no shortage on the European market"

Published Mar 4, 2021

Tridge summary

Heavy rainfall in Chile has led to significant damage to the grape season, with Thompson grapes down by 70% and Flame grapes almost completely wiped out. This has resulted in a projected shortfall of 20 million packages of grapes for export. Despite this, the European market is not experiencing a severe shortage, with South African grapes and India providing compensation. The price of white grapes peaked but has since stabilized, while red grapes are approaching their previous price. SFI Rotterdam, an import company, has moved to a new location overlooking the Maas.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Chilean grape season has literally fallen into the water. "It is unbelievably sad for the growers. They had an ideal growing season, with everything going well, until the last weekend of January when the heavy rainfall destroyed everything", Jan Marc Schulz of SFI Rotterdam looks back. "Thompson grapes there are 70% less and Flame the dropout is almost 100%. In total the Chileans expect to export 20 million packages less grapes." "The Chilean grapes that are still arriving today are from before the rain. The last arrivals are coming this week. The exporters are very reluctant to send grapes to Europe after the rain because of the long transit time, so they logically prefer the export to the United States, "says the importer. However, there is no question of an enormous shortage on the European market. "The market was good for South African grapes and India picked it up quickly. Only in the second half of February did a small hole appear in the white grapes." "The price of ...
Source: AGF

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