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The price of cherries has been cut in half! How much is the market price of cherries a pound now? Will it rise a year ago?

author:Huinong School

Introduction: The Spring Festival is approaching, cherries have become the new favorite of New Year's goods, and the trading volume has risen. This year, fruit prices have generally dropped by about 10%, of which cherries have dropped from 100-150 yuan per catty to 30-40 yuan. The price of cherries varies significantly depending on the region and quality. It is currently the peak sales season, and it is expected that the price of cherries may rise slightly before the year due to the demand for stocking, but the increase will be limited. Prices are forecast to stabilize and increase slightly in February.

Article word count: 1735 words.

Estimated reading time: 5 minutes.

The Spring Festival is approaching, and as the new favorite of New Year's goods, fruits represented by cherries have entered the peak sales season, and the trading volume has risen sharply. Affected by the climate and production, the price of fruits this year is generally about 10% lower than that of the same period last year, and the average price of cherries has dropped from 100-150 yuan per catty when it was first marketed to 30-40 yuan per catty. Now it is the peak season for the sale of cherries, because of the different varieties and quality, there are also great differences in prices, and the price of cherries has been cut in half! So how much is the market price of cherries now? Will cherries rise a year ago? Next, I will analyze the latest price trend forecast of cherries in February.

The price of cherries has been cut in half! How much is the market price of cherries a pound now? Will it rise a year ago?

The price of cherries has been cut in half!

Recently, with the arrival of a large number of cherries by sea, the price of cherries in many markets has dropped significantly. Compared with when Cherries first came on the market, the price can be said to be "cut in half". The short-term rapid plunge in the price of cherries is mainly caused by the rapid increase in supply.

Recently, the price of cherries has continued to fall. According to the statistics of the Beijing Xinfadi Agricultural Products Wholesale Market, the average wholesale price of cherries was 330 yuan/kg on October 31, 2023, dropped to 120 yuan/kg on December 31, and further dropped to 73 yuan/kg on January 20, 2024.

How much is the market price of cherries a pound now?

1. Shanghai area

Cherries in Huangpu District, Shanghai are 52.67 yuan/jin, cherries in Yangpu District, Shanghai are 54.02 yuan/jin, cherries in Minhang District, Shanghai are 65.81 yuan/jin, cherries in Jiading District, Shanghai are 67.06 yuan/jin, cherries in Pudong New Area, Shanghai are 64.45 yuan/jin, cherries in Songjiang District, Shanghai are 65.13 yuan/jin, and cherries in Fengxian District, Shanghai are 60 yuan/jin.

2. Guangdong

Cherries in Nansha District, Guangzhou City, Guangdong Province are 65.98 yuan/jin, Cherries in Tianhe District, Guangzhou City, Guangdong Province are 59.4 yuan/jin, Cherries in Baiyun District, Guangzhou City, Guangdong Province are 58.14 yuan/jin, and Cherries in Longgang District, Shenzhen, Guangdong Province are 63.95 yuan/jin.

The price of cherries has been cut in half! How much is the market price of cherries a pound now? Will it rise a year ago?

3. Sichuan region

Cherries in Pengzhou City, Chengdu City, Sichuan Province are 63.43 yuan/jin, cherries in Wuhou District, Chengdu City, Sichuan Province are 59.8 yuan/jin, cherries in Hanyuan County, Ya'an City, Sichuan Province are 60.79 yuan/jin, and cherries in Wenchuan County, Aba Tibetan and Qiang Autonomous Prefecture, Sichuan Province are 56 yuan/jin.

4. Other regions

Cherries from Changhai County, Dalian, Liaoning Province are 63.35 yuan/jin, Cherries from Huishan District, Wuxi City, Jiangsu Province are 59 yuan/jin, Cherries from Nanhu District, Jiaxing City, Zhejiang Province are 54.06 yuan/jin, Cherries from Nanjing County, Zhangzhou City, Fujian Province are 67.81 yuan/jin, Cherries from Qixia City, Yantai City, Shandong Province are 55.09 yuan/jin, Cherries from Furong District, Changsha City, Hunan Province are 57.96 yuan/jin, Cherries from Longzhou County, Chongzuo City, Guangxi Province, 65 yuan/jin, Cherries from Panlong District, Kunming City, Yunnan Province, 60 yuan/jin. Jin: Shaanxi Weinan City, Dali County, cherries 61.25 yuan/jin, etc.

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Will the price of cherries go up before the year?

Affected by the demand for stocking a year ago, the price of cherries has some room to rise. Overall, the price of cherries this year is lower than last year, and everyone needs to stock up on goods before the year, give gifts for the New Year, build a company, or eat by themselves, market demand increases, and even a round of small price increases, however, due to the significant increase in the supply of some fruits, the rising momentum is insufficient, and the price increase will not be too large.

Recently, some cherry merchants have reported that the volume of high-end cherries is less than in previous years. The main reason is that the time from New Year's Day to the Spring Festival this year is longer, which lengthens the consumption period and stocking period, and slows down the sales rhythm. In addition, strong fruit sales on e-commerce platforms have also pushed prices down.

Driven by the demand for Spring Festival stocking, the price of cherries is expected to show a slight upward trend. In the later period, with the recovery of the domestic economy, the acceleration of tourism recovery, and the impact of high-end, branded gifts and fruit consumption before the holiday, the price of cherries still has some room for growth.

The price of cherries has been cut in half! How much is the market price of cherries a pound now? Will it rise a year ago?

Forecast of the latest price trend of cherries in February

When cherries were first launched, the price was naturally more expensive because the production had not yet come up and they were mainly transported by air. As time went on, cherries came to market in large quantities, and cherries from sea also arrived, and the price dropped. At present, most of the cherries on the market are imported from Chile, and the peak shipment of Chilean cherries this season occurs from December 18 to 24, 2023, and it is expected that the arrival of goods in January 2024 will be the most concentrated, and the peak shipping period will last until early February, and it will begin to decrease after the Spring Festival.

From December to February every year is the time for imported cherries to be listed, the current market sales of cherries are mainly J, 2J, 3J, and large supermarkets are mainly 2J, 3J, 4J, the price of 2J is 30 yuan to 70 yuan per catty, and the price of 4J is 50 yuan to 100 yuan per catty. Some merchants said that there are more Chilean cherries in the market now, with a crisp and sweet taste, and the price is not much different from previous years, and it is not yet time to increase the price.

According to different grades, the wholesale price of cherries ranges from 30 yuan to 50 yuan per catty, compared with when cherries were first listed, the price can be said to be "cut in half". However, with the arrival of the Spring Festival in February, affected by the demand for merchants' stocking, the price of cherries still has room for a slight rise, and it is expected that in another week, the price of cherries per catty will rise by 10-20 yuan, and the price of cherries in February may rise steadily and slightly.

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