The price of "Fei Zi Xiao" lychees in mainland China has dropped by 40% and is expected to drop further

Published 2024년 5월 30일

Tridge summary

The article explores the significant decrease in the price of Feizixiao and other varieties of lychees in Chengdu, China, with prices dropping by around 40% in just a month, reaching as low as 11.8 yuan/catty. This price drop is primarily due to large harvests of Feizixiao lychees from Hainan, which have offset the production losses in Guangdong caused by heavy rainfall. Despite these decreased prices, the cost of the prized 'King Lychee' variety remains high due to its rarity and larger size, making it a popular choice for gifting. The article anticipates that prices will further decline in mid-June as more lychees from other regions become available in the market.

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

Original content

[The Epoch Times, May 30, 2024] When mainland lychees first came on the market, they sold for 70 yuan (RMB, the same below)/catty, and became a hot topic at the time. Recently, in addition to the "Lychee King" variety, the "Lychee King" variety from Hainan "Feizixiao" has fallen below 20 yuan/jin, about 40% cheaper than a month ago. "Lychee prices plummet" has become a hot search again. It is expected that the price of lychees will drop again in mid-June. "Chengdu Business Daily" reported on May 30 that recently, at the Mengyang Fruit Wholesale Market in Pengzhou, Chengdu, wholesaler Mr. Liu said that the price of 10-jin packages of Feizixiao has dropped to 99 yuan. At present, the lychees in Chengdu are mainly Feizixiao and The wholesale price of the two varieties of white sugar opium is about 10 yuan per pound. "8 pounds turned into 10 pounds, it's still a special product, and it's another day of discounts." Mr. Liu said. The price of lychees in many fruit shops such as Qingyang ...

Source: Epochtimes