Update on the market in the GCC countries.
The Middle East market is under tremendous pressure to clear containers from Dammam port in Saudi Arabia due to port congestion, causing delays and disruptions to the normal flow of operations. Many ships must wait outside the port to berth. This is because of the ongoing conflict in the Red Sea, where containers from South Africa are only being shipped to Dammam port and not Jeddah port in Saudi Arabia. There is also congestion in Jebel Ali port in the United Arab Emirates.
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| 1.00 USD = 3.67 AED (Emirate Dirham) |
| 1.00 USD = 3.75 SAD (Saudi Riyals) |
| 1.00 USD = 109.73 BDT (Bangladeshi Taka) |
| 1.00 USD = 83.34 INR (Indian Rupees) |
| 1.00 USD = 18.92 ZAR (South African Rand) |
Citrus
Citrus fruit – In general
Lemons in general seem to be under pressure in most markets, however market trends indicate that Global markets will pick up in coming weeks when Egypt and China are out of the market. Early Navels from South Africa will compete with a high volume of small size Egyptian Valencias in the Middle East market, however Late Navels from South Africa might do well.
Market update
High volumes of Lemons in the market, however the market should start picking up in the next 2-3 weeks when Egypt is out of the market.
Market Prices (Dubai, Kuwait and Jeddah)
Pome
Pome fruit
South Africa
Less volumes on all varieties of Apples and Pears will be packed over the next 2 weeks due to the public holidays in South Africa.
Market update
Downward market trend in sales and market price levels for Royal Gala Apples from all origins due to an oversupply in the market. The low demand and price levels for South African Summer Pears in the market is having a negative effect to the start of the season for Forelle and Vermont Beauty Winter Pears.
Market Prices (Dubai, Kuwait and Jeddah)
Grape, Stone, Kiwi Fruit
Grapes -South Africa
No report.
Market update
No report.
Stone Fruit -South Africa and Chile
No report.
Cherries
No report.
Mangoes
No report.
Market update
No report.
Kiwi fruit
No report.
Market Prices (Dubai, Kuwait and Jeddah)
India / Bangladesh
India
Apple prices drop
Apple prices dropped by $3 with more arrivals from SA. Less Northern hemisphere Apples are in the market due to the Red Sea closure. This give SA opportunities. Chile has also shipped much less apples to India so far this season.
Bangladesh
Apple Prices Drop
Royal Gala prices fell significantly as a result of importers dropping prices. Wholesalers put pressure on inexperienced importers to drop prices, causing the whole market to follow.
SA Statistics
Decofrut Statistics
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