Apple market prospects look good this year
The price of apples this year increased by 0.5-1 yuan [0.07-0.15 USD] per 0.5 kg in comparison with…The price of apples this year increased by 0.5-1 yuan [0.07-0.15 USD] per 0.5 kg in comparison with last year. The main reason for this development is the apple production volume decrease. Furthermore, the rate of top-quality apples is low. Cold weather and frost in April reduced the apple production volume throughout China. The eastern production areas were relatively unscathed, but the western production areas suffered great damage. The overall apple production volume decreased by an estimated 30%. The prospects for the apple market this year are therefore not too bad.
Source: Fruit Service Center