Xinhua – the four major indexes of China’s banana industry show that as of December 22, China’s banana origin price index reported 104.55 points, down 1.84% from 106.51 points on the previous release date (December 15, the same below); The wholesale price index of banana land sales was reported at 120.46 points, up 1.35% from 118.86 points on the previous release day; The import banana price index was reported at 1072.41 points, up 3.13% from 1039.88 points on the previous release day; The producer price index of emperor banana was reported at 1381.15, down 3.85% from 1436.47 on the previous release day.
Analysts of Xinhua index pointed out that during the monitoring period (December 16-december 22), the supply of goods in China’s production areas was tight, new year’s Day was approaching, merchants were active in inquiry and replenishment before the festival, the overall market in the production areas was at a high level, and the market in Yunnan was the highest; In the wholesale market, the demand for bananas in the market has increased recently, the market in the producing areas is running at a high level, and the wholesale price index of banana sales has continued to rise; In terms of imported bananas, driven by the domestic banana market, the imported banana market continued to rise as a whole; In terms of emperor banana, the market demand increased and the supply of origin was limited. The market of emperor banana origin maintained a high level, and the index was slightly adjusted in this period.
four indexes of banana industry
1. Xinhua – China banana origin price index
2. Xinhua banana wholesale price index
3. Xinhua – Import banana price index
4. Xinhua China (Hainan) Emperor banana origin price index
one week banana information
1. Market and Information Technology Department of the Ministry of agriculture and rural areas: the weekly average price of six kinds of fruits monitored in the 50th week of 2021 was 6.21 yuan per kilogram, up 1.5% month on month and 3.8% year-on-year. In terms of varieties, Yali pear, pineapple, Fuji apple, banana, watermelon and Jufeng grape increased by 3.9%, 3.6%, 0.8%, 0.7%, 0.3% and 0.1% month on month respectively.
2. Ministry of Commerce: according to a report in the Philippine Star on December 20, the International Trade Center (ITC), a joint agency of the World Trade Organization and the United Nations, said that the Philippines still has an untapped export potential of US $49 billion, which can be solved by solving market friction and increasing investment. The most important markets that provide opportunities for Philippine export growth are East Asia, the European Union, ASEAN and North America. The export potential of agriculture, food and beverage is about US $10 billion, of which 51% has not been developed. The Philippines exports products with high growth potential, including bananas, pineapples and tuna.
3. Ministry of Commerce: Vietnam customs Online reported on December 22 that at the seminar on “changing agricultural economic thinking and conquering the world Shenzhen Agricultural Products Group Co.Ltd(000061) market in 2022″, Hu chunxiong, President of Vietnam agriculture and Rural Development Association, said that in the past, there were only 400-500 containers at the peak of Shenzhen Agricultural Products Group Co.Ltd(000061) at the northern border port. The backlog is the most serious this year (more than 6000 containers), which has sounded an alarm for Vietnam’s agricultural supply chain. Deng Jinshan, a former president and agricultural expert of Vietnam Institute of agricultural and rural development policy and strategy (mard), said that in the past, there was only a backlog of products such as pitaya, watermelon or banana, but now all goods can not be exported. It is time for Vietnam Shenzhen Agricultural Products Group Co.Ltd(000061) to consider entering the Chinese market directly by air and sea, rather than just by land.
banana market trend forecast
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(Xinhua Finance)
