The asparagus season in China may be 10 days later this year than in previous years, but sources from the Chinese canned food industry expect it to end at the end of June, as ever.

"This week, Chinese asparagus has finally reached regular production," an industry professional told Foodnews, and said that if no accident, especially relative to sudden changes in the weather, is expected to be "very similar" in 2016.

In terms of raw material prices, in the first week of the season, the delivery price of the field will reach a high of $2 per kilogram, or almost 2 times higher than the price of the large farmers at the CAF 08 (the Eighth China asparagus Forum) "but these days they have dropped to 1.2 --1.5 per kilogram, (this is) similar to the level of 2016.

The latest estimate of the season's final product is close to the size of the crop in 2016, or 4500 full container loading (FCLs), "but it will still depend on the weather, like all the Chinese producers in the last year suffered a lot of cold and rain in May," the Chinese insider said, adding that it could punish factories if they are In the month of 3-4 the price was quoted.

As far as the price is concerned, the CAF (CIF) price index agrees with the March $9.6 per box (12 x370ml white glass bottle) FOB China port, slightly higher than the level of $9.2 per box last year.

The agreed price level seems to have been accepted by buyers, and the industry told Foodnews "from France, Switzerland, Spain and other regions for high quality demand, because more contracts are transferred from Peru to China, although these countries usually buy from Peru, especially the high quality brand of their private labels."

At the same time, the average 370 milliliter canned asparagus canned sells for about $9.4 per box (FOB China), but the price market is still actively involved in negotiations with the factory, trying to get a price of less than $8 per box to resell EUR0.99 / bottle at their European stores.