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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 |
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China Announces Pilot Tariff Relief Program for Importers of US GoodsThe Tax Policy Department of China’s Ministry of Finance (MoF) has announced the launch of a trial program that will let Chinese importers of certain American products apply for temporary relief of additional tariffs added to those products by China during the trade conflict that has been ongoing between the US and China since March of last year—as well as to apply for refund of added tariffs the importer has already paid during that period. |
July 02, 2019 Dan Siekman |
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Garlic Prices in China RecoveringLarge quantities of fresh garlic have started to appear on the Chinese market, despite the total planting area in China being at its lowest point since 2015. |
June 25, 2019 poqmars |
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Suning Announces RMB 4.8b Deal for 80% Stake in Carrefour ChinaNanjing, China-based retailer Suning.com announced on June 23 that it intends to purchase an 80% stake in French hypermarket retailer Carrefour’s China operations for a sum of RMB 4.8 billion ($698 million). Carrefour will retain the remaining 20% share. |
June 25, 2019 Dan Siekman |