FDK China Market Update — Week 10

This newsletter is published on behalf of Fruit Data Kings, a Berlin-based company specializing in pricing data and associated analytical tools for the fresh produce industry. For more information, visit the Fruit Data Kings website.

Apples (↓)

New Zealand supply, primarily Royal Gala and Jugala, continues to enter the market. The first South African Royal Beaut apples were also opened during week 10 at ¥280 (18 kg, #135s), which was below last year’s opening price and one week later. New Zealand Royal Gala, which accounts for 32% of openings over the past three weeks, decreased in price by an average of ¥30 compared with week 9, settling at an average of ¥272 (18 kg, various sizes). For specific details on prices by size and brand, visit us online.

Cherries (→)

Regina now accounts for 82% of container openings in southern China over the past three weeks. While wholesale pricing remains low, there is little optimism as importers focus on finalizing returns to exporters. The 2024/25 season will ideally mark a turning point in how the cherry trade is managed in China and how alternative markets are approached if this lucrative commodity is to continue thriving.

Grapes (↓)

Peru currently dominates container openings in southern China (weeks 7–10); however, Australia is rapidly gaining market share at 29%. Overall pricing declined for Peruvian, Australian and Chilean grapes. Peruvian Sweet Globe traded in a wide price range depending on size profile and quality level, averaging ¥188 (7.3 kg). Autumn Crisp, notable for its crunch, size and sweetness, averaged ¥253 (7.3 kg). Australian Crimson declined by a further ¥25 per 9-kg carton, falling 16% below the same week of last season and considerably below 2023 levels. For further details on Peruvian varieties, as well as Chilean, Indian and South African grapes, visit us online.

Nectarines (↑)

Chilean nectarine prices increased this week, with Garcica, Andesneccuatro, Majestic Pearl and Bright Pearl all showing improvement. Currently, Bright Pearl can be found at prices ranging from ¥110 to ¥140 (9 kg, various sizes) with an average value of ¥125. This is 8% lower than the same week of last season.

Plums (↑)

Sugar plum/D’Agen prices increased this week for 9-kg packs, bringing them much closer to last season’s values. Sugar plums and D’Agen account for 45% of southern China container openings since week 7, followed by Candy Red and Red Phoenix.

Quick links:

• Blueberry
• Cherry
• Grape
• Grapefruit
• Nectarine
• Orange
• Pear
• Plum
• Soft Citrus

Image: PickPik