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INDUSTRIAL NEWS AND ANNOUNCEMENTS

China: "Fluctuating prices for imported cherries"

News Classification: Market News Publish Time: 2018-12-11 00:00:00

"This is the time when imported cherries from various countries enter the Chinese market one after the other. There are obvious and significant price fluctuations at the moment. The large-volume of imported Chilean cherries is representative of larger market developments." This is according to Mr. Liu Wenpo, chairman of the board of Beijing Runfuyuan Trade and Commerce Co., Ltd.

"The price fluctuations are created by the complicated interplay between various factors, but we think that the main reason is the growing demand of Chinese consumers for excellent flavor and product quality."

"The price of Chilean cherries was initially high because the imported volume at the beginning of the production season was still small. Later, as supply increased, the price of Chilean cherries began to fall by as much as 50% in one week. This is of course also related to the market supply of other domestic and imported fruits."

"We mainly sell our imported Chilean cherries through the Xinfadi Market in Beijing, and retailers then distribute it to wholesale markets and supermarkets in major cities throughout China."

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Keyword: Price Cherry
Source: https://www.freshplaza.com/article/9052051/china-fluctuating-prices-for-imported-cherries/