Apr. 19th., 2024
◆ Wogan Mandarins
① The Philippines market, the solo one who is demanding smaller size (55-69mm) materials continuously in the past 2 months, suddenly stopped import also in last week. Thus, till now all abroad markets are silent, no exceptions.
② A few India importers seem to get to consider rebooting import again based on prediction that maybe market bottom is going to vanish and another prosperous & profitable period will come sooner. But from Sunfarmer’s view, this variety is still risky to this fragile market. If only those immoderate exporters and importers are there, appeared market blank will be quickly excessively fully filled by them, and then another wave of loss happens. It is a principle created by disorder of China export industry and India import industry. We need to learn something from those loss happened in 2023.
③ Some other India buyers kept importing during Feb.-Apr., when is the toughest time of market for them, but inevitably continued suffering enormous loss.
④ Basically, on mandarins, we think it is different from years ago, nowadays better profit chance of China produce for India importers should be on some other mandarin varieties instead of only Wogan. It will be a project requiring both of importers and exporters’ research and verification.
◆ Plums
① Some very early green varieties of plums already available in South China, due to too high cost and sour flavor, they are traditionally sold in only South China area.
② For India market, it is estimated this will be the 1st. year that 8 kg plastic basket package demand will be more than traditional 4.5 kg foam box package. It is consistent to the general trend on package in fresh produce industry all over the world, i.e. material quality itself is paid more attention to and cost of package pattern is reduced by any possible means.
● General
① Sea freight to India drops back to previous level after a rise in WK15, but for Middle East ports it continues rising.
② During May 01st.-05th., there will be a long holiday for International Work Labor Day, which is the 3rd longest holiday attracting crowdy local tourists usually. Based on previous experience, traffic jam on high way will be very severe again, and shipment plan of some varieties that require long distance inland transport will be influenced, they are mandarins and new harvest grapes from Yunnan to Shenzhen Port, kiwis from Shaanxi to Shenzhen Port, and Fragrant Pear from Xinjiang to Shenzhen Port. Possibly influenced ETD will be those during May 03rd-08th., all relevant exporters and importers have to be ready for any occurred delay.
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