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Goodfarmer IPO Could Raise RMB 1.1 BillionGoodfarmer, one of China’s leading importers and distributors of fresh fruit, has passed a key regulatory hurdle as it plans an IPO of A shares on the Shanghai Stock Exchange. |
July 23, 2019 Dan Siekman |
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Laotian Watermelons Receive Formal China Market AccessChina’s General Administration of Customs (GAC) announced on July 4 that watermelons from Laos conforming to phytosanitary protocols can now be imported into China—adding a new source for watermelons during China’s off-season. |
July 21, 2019 Dan Siekman |
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Promising New Domestically Bred Apple Varieties Achieve Chinese PVR Protection“Ruiyang” and “Ruixue” are said to be the most significant apple breeds to come out of Northwest Agriculture and Forestry University since it introduced the “Qinguan” variety in the 1970s. |
July 17, 2019 Dan Siekman |
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China 2019/20 Mandarin Season: Lower Volumes, Higher Prices ExpectedWith a month or two to go before China’s mandarin season starts in earnest, it appears that mandarin harvest volumes will be down compared to last season. Traders expect to see domestic prices for mandarins rise in response to the smaller 2019/20 crop. |
July 14, 2019 Dan Siekman |
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Turkish Cherry Exporters Have High Hopes for ChinaThe first shipment to China from this year’s Turkish cherry season was reportedly sent out from the city of Afyonkarahisar in western Turkey’s Afyon province on June 27. With recent news that Turkish cherries exported to China will no longer be required to undergo cold treatment, and US-China trade tensions reducing volumes and raising prices of US cherries in China, representatives from the fruit industry and government in Turkey have high expectations for the development of the China market in this and coming seasons. |
July 10, 2019 Dan Siekman |
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Walmart Plans to Invest $1.2b in China Supply Chain LogisticsWalmart announced on July 1 that it intended to invest RMB 8 billion ($1.2 billion) in its supply chain logistics in China, including ”building or upgrading more than 10 logistics distribution centers” here over the coming 10- to 20-year period. |
July 09, 2019 Dan Siekman |
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First-Ever Sale of US Rice to China AnnouncedThe Sun Valley Rice Company, LLC, a member of the LaGrande Family Foods Group located in California’s Sacramento Valley, has become the first US rice company to finalize a contract to sell rice to China. |
July 08, 2019 Dan Siekman |
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[Press Release] Selecting the Best for AsiaGrading and sorting solutions are key to meeting Asia’s fast-growing demand for high-quality fresh produce, and visitors to ASIA FRUIT LOGISTICA will find world-leading technologies on display |
July 08, 2019 Produce Report |
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In First Ever Store Closing, YH Super Species Shutters Shanghai Wujiaochang BranchOn July 4, Super Species marked an inevitable but inglorious new milestone: the first closing of one of its stores. The Super Species Shanghai Wujiaochang store had originally opened in November of 2017. |
July 07, 2019 Dan Siekman |
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Domestic Air Freight and Hema Bring Fresh Apricots to Chinese ConsumersThe popularity and success in major Chinese cities of this season’s apricots from northwestern China’s Xinjiang region demonstrates the increasing viability in China of domestic air freight as a means of getting fresh fruit to market. |
July 03, 2019 Dan Siekman |