The price of canned peach in China fell sharply

The price of canned peaches from restaurants in China is about 40 cents lower than that at the beginning of the season.

Success food was told today that the canned Chinese sugar peach canned 6 x A10 (3kg) reported $14.90 and 24x425gr for each box of $9.70 in Qingdao FOB offshore price per box.

In the early July, Chinese manufacturers and traders opened the season for 6 x A10 (3 kg) of sugar water, the half of the Qingdao FOB price was $15.30 per box, and 24 x 425gr sugar water to half a box of 15.30 US dollars per box of FOB Lianyungang.

One Chinese insider pointed out that "manufacturers are calm and waiting for orders."

The industry pointed out that, due to the depreciation of its currency against the US dollar, the market in central and southern America is said to be dead, and the export business has been seriously frustrated.

"In addition to the leading brands like Dole (Dole) and Del Monte (Del Monte) they buy in China, the others don't have really much orders," Chinese professionals have warned. "That is to say, the factory produces the main pot type and is waiting for the door to come. "This may partly explain the radical pricing of restaurant cans. Different Chinese industry insiders claim that at the start of the production season, they expect 805000 tons of peaches, which can produce 31 million 100 thousand boxes of 24 x1kg peaches: the same as last year's data. However, they expect exports to soar 5% to 7 million 180 thousand boxes to make up for the expected slowdown in domestic demand for peach cans, especially in retail.

So far, the situation has become the opposite. Today, a Chinese executive said, "China's domestic consumption of peach cans in retail and online sales has increased to compensate for the lack of export."

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