Report on China's wholesale fruit market in week 13 Stone fruit from Chile floods the market, while imported grapes are difficult to sell

Published 2024년 4월 5일

Tridge summary

The Hong Kong market has experienced a notable decrease in the prices of Chilean plums and other stone fruits by 30% due to a recent influx, with a minor price recovery observed this week. The price drop is linked to varying quality and packaging issues, such as cracks and insufficient wax coating, although the lower prices have boosted sales. Additionally, the market has seen a general decline in the prices of other imported fruits like Chilean nectarines, Peruvian white grapes, South African pears, and Dalian cherries, mainly due to quality concerns and market dynamics. In contrast, Indonesian mangosteens have enjoyed increased sales and prices, particularly during the Qingming Festival, showcasing a diverse impact on the fruit market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

With the recent arrival of a large shipment of Chilean plums to Hong Kong, the market has been flooded with Chilean stone fruits in the past two weeks, causing an immediate drop in prices. Among these fruits, plums, including red and Sweet Mary varieties, have garnered the greatest popularity. Traders report that plum prices plummeted approximately 30% last week compared to the previous week, with a slight rebound seen this week. Currently, prices vary according to different qualities: fruits in plastic packaging cost between 160 and 180 yen, and medium-sized fruits between 130 and 140 yen. However, there are other price levels as well. Some traders attribute the low global prices to recent arrivals of plums, some of which have quality problems, such as cracks and inadequate wax coating, leading to unsatisfactory taste experiences. However, some traders point out that lower prices have stimulated sales, resulting in a slight improvement over previous periods. Left: white grapes ...

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