April apple report - Yantai, China

Up until the middle of April, the market was weak, but the cold warehouse was only half full. China market was the main market for apples in this period. Many farmers and family companies were eager to sell their apples before May, they were willing to sell apples at about 1%-2% discount.
From the last ten-day period of April, the orders for exporting increased, companies were busying for exporting. The stock in the cold warehouse reduced, especially for Cat.1 stock, 28-44 size and 100-138 size. The market for CA apples is about 1 month, so that the Cat.1 stock started to increase, and was estimated keep rising by owners.

Size 150-198 apples had a good market in March, so that there was less stock of this size remaining. The owners raised their prices quickly to get a good profit. Unfortunately, the market stopped suddenly in April.
Data: China exported a total of 124000MT apples March, 2010.
Qatar imported 320MT apples from China in March, 2010.
(Data from China Customs)
Author: Peter Zhu from Production Dept. of Isnet
Contact:
ISNET(China),Inc.
Shandong Artex Corporation Ltd.
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Qingdao,
China 266071
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