China: Citrus, apples, and pears make up half the sales at the Jiaxing Fruit Market
The winter season is dry and temperature differences are clear. Seasonal fruit has arrived on the market in large volumes and their prices are low. Apples, pears, and citrus in particular have become the "three treasures" of winter. They account for half the sales in fruit markets.
As the overall variety in the market is readjusted and temperatures gradually grow colder, the overall marketing in fruit markets seems exhausted, and trade grows increasingly slowly. Based on market analysis, the trade quantity in November has increased by 10% in comparison with November last year, while the sum of trade transactions has increased by 19%. In the period from January to November this year the trade volume has increased with 21% in comparison with the same period last year, while sum of trade transactions has increased with 41%.
As red Fuji apples arrived from various locations and entered the market, the transport speed slowed down, as the increase of supply had a depressing effect on sales. Supply exceeded demand, so naturally the price was reduced. However, amidst the wide variety of apples, this year the Hanfu apple from Liaoning in the north-east obtained a large market share with their abundant harvest, large size, excellent taste, and exquisite packaging. The price also increased to 7-8 yuan [1.06-1.21 USD] per 0.5kg.
As the temperature continues to fall next month, the weather will become an important factor for fruit prices, and the market will enter a new period. The fruit market in winter, especially around New Year's, could turn out to be a minor peak of increased prices. The trade of traditional varieties, like the red Fuji apple, Snow pear, and Gannan orange, will increase, and the large volume of sugar oranges on the market will bring new life to the market.
