Orange production expected to grow in China

게시됨 2021년 1월 13일

Tridge 요약

China's orange production is projected to increase to 7.5 MMT in the 2020/21 season, up from 7.4 MMT the previous year, due to new tree growth in Jiangxi and other provinces. However, the expansion of planted areas is expected to slow down due to falling prices. Demand for citrus fruits is approaching saturation point, leading to a stable production of frozen concentrated orange juice (FCOJ) at 30,800 metric tons, while retail prices are expected to remain stable, though imported FCOJ prices may increase due to limited supply.
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원본 콘텐츠

Orange production in China is expected to grow to 7.5 million metric tons (MMT) in 2020/21, up from 7.4 MMT recorded in 2019/20, reported the U.S. Department of Agriculture's Foreign Agriculture Service. The increase will be driven mainly by new trees planted a few years ago in Jiangxi and other provinces, which have started to produce more fruit. The agency points out that the expansion of the planted area should slow down, since the increase in the production volumes of the previous year's plantations brought down prices. The downward price trend is expected to continue, and industry experts expect demand for citrus fruits in China to be rapidly approaching its saturation point. The department also reports that domestic production of frozen concentrated orange juice (FCOJ) in China will remain stable in 2020/21 at 30,800 metric ...

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