MySheen

Bananas are in short supply and prices have risen significantly.

Published: 2024-11-21 Author: mysheen
Last Updated: 2024/11/21, Bananas are in short supply and prices have risen significantly.

Recently, it has been reported that the price and sales of bananas made in China have fallen sharply, according to China Rural Voice China. However, some analysts said that according to the rules of previous years, Hainan banana shipments were basically completed from July to September, which was the time when bananas were listed in Guangdong and Guangxi, but after this year's disaster, the listing time was generally delayed by two months. During this period, there has been a gap in China's banana market.

According to reason, there is a shortage in banana supply, which means that prices will rise, so is it true that banana prices have plummeted in the media? What is the current banana market? In the face of all kinds of virtual market information, what should banana farmers do?

In Xixiangtang District, Nanning City, Guangxi, Boss Huang, a banana buyer, told reporters that bananas in Hainan are basically over, bananas in Guangxi are not yet on the market in large quantities, and bananas in Laos are also in the new off-season. The good bananas from the three producing areas still have high prices of 2.7-3.0 yuan per jin. Generally speaking, the price of banana is high and the quantity is low this year.

Boss Huang: bananas are $2.50 or $60. The price is too high. There was no such price last year. Last year it was about $1.20 or $3. The output is low, and the typhoon is also affected. The quality doesn't matter, but it's the same.

Liu Shuai, an analyst at Zhuochuang Information, said that since the beginning of this year, banana prices in producing areas have risen not only in Guangxi and Hainan, but also in Guangdong. Affected by the El Ni ñ o phenomenon, the Philippines has suffered a severe drought this year, and the banana industry has been hit hard. It is estimated that the banana production in the Philippines will be reduced by about 30%, and the output will be reduced by about 2.8 million tons. The reduction in banana production in the Philippines has led to a sharp rise in the price of bananas entering China in nearly a month.

Liu Shuai: the price of good bananas in Hainan is about 2.90 yuan / jin, while the price of bananas in the same period last year is 1.20 yuan / jin, up 141.67% over the same period last year; the price of good bananas in Guangxi is 2.80 yuan / jin, up 133.33% from 1.20 yuan / jin in the same period last year; the price of good bananas in Xuwen Qujie area, Guangdong Province is 1.60 yuan / jin, and the price in the same period last year is 0.65 yuan / jin, up 146.15% from the same period last year.

Prices in production areas remain high, while prices in sales areas are rising all the way. The reporter saw in the Beijing Xinfadi Agricultural products Wholesale Market that the highest wholesale price of domestic bananas was 4.7 yuan / kg. A fruit vendor said that among the many fruits sold, the price of bananas increased significantly. Liu Shuai, an analyst at Zhuochuang Information, said that the price of bananas this year has increased significantly compared with the same period last year.

Liu Shuai: at present, the price of bananas in the selling area is also in a higher position. The price of 24 jin of bananas in Langfang market is 63 yuan per box, and the price of 25.5 jin bananas in Jiuding market is 75 to 80 yuan per box. Affected by the high price, the market sales volume is only 30% to 40% of the normal month.

In August, the price of bananas in the producing area continued to rise, and the price of good goods rose to 3 yuan per jin. High-priced bananas enter the market, which is difficult for customers to accept, and sales in the wholesale market are only 30% to 40% of those in normal months. Boss Huang, a banana buyer in Xixiangtang District, Nanning City, Guangxi, told reporters that so far, the new banana production is not as good as last year, and the output has dropped sharply.

Boss Huang: another month or two, something like that. There will be more in the past month or two, and it will be the rush hour. It tastes good. The quantity is very small. The goods coming out now are very popular.

According to analyst Liu Shuai, the main reason for the rise in bananas is due to the shortage of goods in the producing area due to the influence of the weather. At the same time, the market of bananas in Guangxi and Guangdong has been delayed, resulting in the current supply in a state of disconnection.

Liu Shuai: at the end of July and the beginning of August, the continuous rise in banana prices in the producing area is mainly caused by the shortage of bananas in the producing area. Due to the influence of cold wave and frost last year, the listing time of bananas in Guangxi and Guangdong has been postponed, and only a few unaffected banana gardens have sporadic new production. Hainan has entered the new tail period of banana production, the banana garden in the producing area has come to an end, and the supply is tight. Laos, Myanmar, Yunnan and other places are in the new off-season of banana production, with a small supply. The supply department of banana origin is in short supply, and the price continues to rise as the supply falls short of demand.

At present, the business of merchants in the market is difficult to do, and even some of them have plans to suspend business, the enthusiasm for purchasing has declined, and the export of bananas from the origin has slowed down. In response to reports that there has been a sharp decline in banana prices and sales in China, Liu Shuai refuted the rumor that the price of good goods from the place of origin has indeed been slightly adjusted downward by 0.1 to 0.2 yuan per jin, but the overall banana market has not seen a rumored sharp drop of 0.5 yuan per jin.

Liu Shuai: after mid-September, the number of bananas from Guangxi and Laos has gradually increased, and the price of the producing area is likely to go down. However, as the output of bananas per plant in Guangxi this year is 20% to 30% lower than that of last year, Zhuochuang Information expects that the price of bananas this year will not be lower than that of the same period last year.

In the face of the current high price of bananas, Liu Shuai suggested that banana farmers should try their best to control fertilization and watering so that bananas can be put on the market before October 1. If there is no continuous period, the income of banana farmers will be even higher, while bananas listed after October should pay attention to cultivating fine products.

Liu Shuai: banana farmers listed after October pay attention to banana garden management and improve the quality of bananas. There are few good bananas in the producing area this year, and high-quality bananas will sell at a higher price. (CCTV Network)

 
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