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Chinese import fruit market already past the darkest hour
The import fruit market in China suffered from an incident with imported cherries that tested positive for Covid-19. Many exporters wonder how the Chinese market will develop now that the Chilean cherry season is over. Mr. Huang of the Shanghai International Fruit Exhibition committee recently shared his insights into current market trends.
The cherry season is over and traders are calculating their profits and losses
The market conditions for import cherries were quite good when they first entered the market. However, the number of regular flights and chartered flights was smaller than usual because of the Covid-19 pandemic. The market supply volume was insufficient and the wholesale price of air freight cherries went as high as 2,000 yuan [309 USD] per box.