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The price of fruit has risen seriously. why is the price of fruit rising? what is the futures price of apple and red jujube?

Published: 2024-11-08 Author: mysheen
Last Updated: 2024/11/08, Have you found that the price of fruit this year is higher than that of previous years, especially the current price of red jujube? why? Since mid-May 2019, the price of fruit has generally risen in both the investment market and the retail market.

Have you found that the price of fruit this year is higher than that of previous years, especially the current price of red jujube? why?

Since mid-May 2019, the price of fruit has generally risen in both the investment market and the retail market. From a short-term point of view, today's torrential rains and extreme weather have increased the transportation cost of fruits; from the medium-and long-term point of view, the climate in many parts of the world is abnormal, and the prices of some imported fruits are also rising, so they have also pushed up the prices of fruits.

Fruit prices continue to rise, for futures investment, A-share investors, this is a good opportunity to invest. Due to the bullish performance of listed fruit-growing companies, Dunhuang seed Industry (7.000, 0.64, 10.06%) rose by the daily limit on May 29, Guannong shares (6.210, 0.03, 0.49%) rose 3.87%, and fragrant pear shares (12.130, 0.13, 1.08%) rose 2.04%. This has brought great returns to futures investment and A-share investors.

Retail end: very few fruits with less than 5 yuan per jin

Due to the weather, transportation costs have increased greatly, which makes the price of fruit bullish. Guangzhou Daily investigated the markets such as Zhujiang New Town in Tianhe District and Binjiang East Road in Haizhu District and found that fruits below 5 yuan / jin are extremely rare.

The prices of common fruits such as apples, watermelons and litchi have increased significantly compared with previous years. The price increase of imported fruit is even more alarming. The retail price of durian is now 180.32 yuan per jin, which is more than 50% higher than last year. At present, the prices of apples and watermelons are still rising.

In the future: weather may push up the price of some fruits

The weather is the main reason for the recent price rise of Apple. No matter at home or abroad, many fruit-growing areas have experienced extreme weather one after another. China's Shaanxi, Shanxi, Shandong and other places of fruit flowering suffered the impact of cold weather, resulting in a significant reduction in apple production, less on the market, and less inventory. These areas are also the main producing areas of red jujube, and the red jujube market has also been affected.

Due to the weather, fruit production has been reduced, and transportation costs have increased significantly. It has been raining heavily recently, and the frequency of restocking has obviously slowed down for 1-2 days. The problems of fruit stagnation, damage and related cost increase will occur in the transportation of fruit. In this regard, Huatai Futures, China International Futures Agricultural products (5.610, 0.06, 1.08%) research experts believe that fruit market prices will remain high for a long time, and a small number of products still have room for further price increases.

Market: red jujube futures rose 30.6% in a month.

Red jujube futures rose 30.6% within the month, for futures investment, A-share investors, it means that profit opportunities come quietly, fruit is no exception. Now in the futures market, the most dazzling are apples and red dates. The price of the main contract for Apple futures in May 2019 is 10190 yuan per ton, the highest since its listing, with an increase of nearly 20 per cent in May alone. The main contract of red jujube futures listed in May also showed a "skyrocketing" trend, currently reaching 10935 yuan / ton, an increase of 30.6%.

The increase in the price of fruit is very bad news for consumers, while apples and red dates are very popular. Now that their prices have risen so much, will you still buy them?

 
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