Market Pulse Week 7 - 2012
Market situation in the Northern Hemisphere, week 7— 2012 (Feb. 17)
In North America, Mexican supply dominated the U.S. market with price increases in some sizes.
In Latin America, there were price rises in Argentina due to decreasing volumes.
In Europe, the French market reported accumulated inventories and damaged fruit due to long storage.
In North America, the U.S. market showed active trading. Florida's season looks like it will be early with large volumes expected in March.
In Europe, the market was still under pressure, although in the U.K. improved sales pace looks likely due to new retail promotions.
In Asia, moderate trading was reported in Hong Kong and mainland China.
In Europe, Valentine's Day favored sales of the last lots of the season.
In Asia, Chile arrivals strongly decreased in the lead up to the end of the season.
In North America, the market for the Chilean Bartlett appeared to be moving fast prior to the arrival of significant Argentine volumes.
In Latin America, Colombian and Brazilian markets remained stable.
In Europe, trading was complicated especially for Abate Fetel.
In North America, U.S. retailers showed more interest in Red Globe which contributed to better trading.
In Latin America, trading was moderate in Brazil, while in Colombia Red Globe reported a higher pressure.
In Europe, high stocks kept the market under pressure.
In Asia, high volumes and the variable condition of South African white seedless grapes complicated the market in Hong Kong and mainland China.
In North America, the U.S. market remained favorable, although nectarine sales moved slower than other fruits.
In Latin America, decreases of fruit in the Brazilian market made supply prices more even, however, higher volume arrivals in Colombia resulted in price adjustments.
In Europe, there was a slight trading improvement.
iQonsulting/edited by www.freshfruitportal.com