Week 6: Cherries begin to bid farewell to the Chinese market

Week 6: Cherries begin to bid farewell to the Chinese market

Market activity during week six was very low, mainly concentrated in Guangzhou's wholesale market, Jiangnan Market, which opened an average of 30-60 containers per day, with a movement of 40 to 60%.

This market had similar sales and prices at the close of week 5, until Wednesday, that is, around 2.5kg: JD/70 2JD/90 for good quality fruit.

Starting on Thursday, given the smaller volume remaining, the price rebounded. The market opened around 15-30 containers a day at the close of the week, with a movement of 80%, and the price rose approximately RMB 10 yuan per box per day for good fruit.  

This meant that prices for the best quality Regina, Super Jumbo Dark, ranged from 120-130 yuan per 2.5 kg box, with a difference of RMB 10-20 per size, up or down. And from there on down with wide ranges depending on the quality. Proportionally, there is no difference with the 5 kg box.

Overall, Regina, which is by far the leading variety, continued with quality observations that have been common in the late part, in varying degrees, these being mainly the change in flavor and internal browning. The fruit is generally well packed and clean on the outside. 

That said, it must be reiterated that the movement in the last days of week 6 was good in Guangzhou, given the low volume that is already left. They even sent fruit from other markets, from the north or from Shanghai, which are opening less than 10 containers a day.

Another interesting fact of the week is that the Skeena variety stood out in price, although with very little volume, at around RMB 20-30 yuan over Regina.

At the end of the week, on February 12, the Cauquenes ship arrived, which is the last one with a significant volume of over 100 containers, approximately the equivalent of 120.

The cherry season is already coming to an end, with imported grapes and citrus being the main fruits arriving at markets and sales stands.

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