The EU heat wave boosts orders for tomato paste

Published 2022년 9월 21일

Tridge summary

Since the Covid-19 outbreak, the cost of tomato production in Chinese producing areas has risen, leading to an increase in the export price of tomato paste. Strong heat waves in Europe have resulted in a surge in China's tomato paste exports. The Shadong Shagzhuo company buys tomatoes from the domestic market and sells the tomato paste in the export market. The price of tomato paste from Tianjin to Rotterdam is approximately US$ 1,150. The company attributes this increase in demand to a decrease in European tomato production volume and higher production costs due to the conflict between Russia and Ukraine.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Text: Correspondent Iara Siqueira Since the outbreak of Covid-19, the cost price of tomato production in Chinese producing areas has increased, which has made the export price of tomato paste increase as well. Due to strong heat waves in the European summer, China's tomato paste exports have increased rather than decreased. Tomato paste is perfect for recipes that require a long cooking time, like bolognese sauce, for example. Shadong Shagzhuo company buys tomatoes in the domestic market and turns them into tomato paste, which is sold in the export market. Open field tomatoes are used in the tomato paste industry, they are harvested from the beginning of August to the end of December. Regarding the price, tomato paste from Tianjin to Rotterdam is around ...

Source: Agrolink