Market Pulse week 29 — 2011

Market situation in the Northern Hemisphere, week 29 — 2011 (Jul. 22)

Apples

In North America, price increases were registered for imported Royal Gala apples in the U.S.

In Latin America, prices for Royal Galas also rose in Mexico, while consumption in Colombia was affected by the Jul. 20. holiday.

In Northern Europe, the Southern Hemisphere was expected to finish during the next two weeks, while healthy market activity continued in Russia.

In the Middle East, sales activity improved in Saudi Arabia, while distribution pace was strong in the United Arab Emirates.

In Asia, stable sales pace was recorded in Hong Kong and the Chinese mainland, where moderate activity was observed for red apples. A similar situation was seen in Taiwan for the Fuji variety.

Avocadoes

In North America, authorization was expected for Peruvian Hass to enter the U.S. market, complenting a situation of low availability.

In Latin America, volumes increased in the Chilean market, leading to price adjustments.

In Northern Europe, Peruvian supply was no longer putting pressure on the market.

Easy Peelers

In North America, good market activity was seen for imported easy peelers on the U.S. East Coast.

In Northern Europe and Russia, slow market movement continued due to competition against seasonal fruit.

In the Middle East, Southern Hemisphere easy peeler sales activity was stable.

In Asia, South African supply was dominant, registering stable sales pace.

Kiwifruit

In North America, Southern Hemisphere kiwifruit registered good activity in the U.S.

In Latin America, sales activity was moderate but sufficient given current volumes.

In Europe, sales were higher than in previous weeks.

In the Middle East, Southern Hemisphere kiwifruit showed stable prices and sales pace.

In Asia, a very depressed market was seen for Southern Hemisphere supply in Hong Kong and the Chinese mainland.

Lemons

In North America, Chilean supply showed a high proportion of small sized fruit on the U.S. East Coast, however new price adjustments were not recorded.

In Northern Europe, a slight reaction was seen in markets due to speculation over Argentine frosts.

In the Middle East, markets showed strong sales activity.

In Asia, slow market activity and low sales pace were recorded.

Oranges

In North America, better sales activity and more attractive prices were registered for Californian supply in the U.S.

In Europe, Moroccan oranges were still available, registering better sales pace than their offshore competitors.

In the Middle East, South African Navels still faced a complex market situation with prices driven down by Egyptian volumes.

In Asia, better sales activity was recorded for imported orange arrivals in Hong Kong and the Chinese mailand, while condition problems were reported for U.S. supply in Japan.

Pears

In North America, the Bosc variety showed moderate sales activity in the U.S. with importers expected to clear Southern Hemisphere inventories within the next two weeks.

In Latin America, normal end of season price adjustments were reported in Mexico, while price adjustments were seen for Chilean Packham's T pears in Colombia. Stable trading was reported in Brazil.

In Europe, the last Southern Hemisphere lots registered slow sales pace, while better activity was registered in Russia.

Pomegranates

In the U.S. and European markets, scarce inventories continued in weak condition, with the Southern Hemisphere season finished. Remaining lots were in the process of sales through price adjustments or consignment arrangements.

iQonsulting/ edited by www.freshfruitportal