Update on the market in the GCC countries.
The overall market is very unpredictable this season on most commodities. Oranges and Soft Citrus from South Africa are still not performing well and this is mainly due to the oversupply in the market, however very positive market trends on Lemons from South Africa with a high demand and market sales due to limited supply available.
Schools return from summer vacation next week, and there will be a lot of “back to school” promotions on fruit to increase sales and price levels.
High volumes of Stone Fruit from Turkey and Jordan available in the market, however positive market trends for Plums from Turkey, Jordan, and Spain that are doing very well in the market .
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1.00 USD = 3.67 AED (Emirate Dirham) |
1.00 USD = 3.75 SAD (Saudi Riyals) |
1.00 USD = 117.67 BDT (Bangladeshi Taka) |
1.00 USD = 83.96 INR (Indian Rupees) |
1.00 USD = 17.92 ZAR (South African Rand) |
Citrus
Citrus fruit – South Africa
In the Northern areas, growers are in full swing with the picking and packing of different Valencia varieties.
There is one to two weeks left on Witkrans and Cambria Navelate varieties, however colour development is slow, and green fruit will be sent for processing. Fruit intended for export, and where price levels are not high enough to compete with the high local juice price will also be sent for processing.
From the Eastern Cape, the last Cambria will be packed in week 34 (next week), while the Midknight Valencias will finish in the next two weeks (week 35). The packouts have been very good this season. Price levels are very high from the EU and other markets will compete for fruit and with the local juice price that is very high.
Lemons are also at the tail-end of the season as the last packing will be in week 36/37 (mid-September). Price levels are very high from the EU and other markets will compete with the EU for fruit.
There is currently a high demand from Russia ,China ,USA and EU markets for Nadorcotts.
Market update
Egyptian Valencias are expected to be in the market for the month of September, however the price depends on the quality and sizing of the fruit. South African Valencia prices are currently at breakeven levels but expected to pick up at the beginning of September when Egypt is out of the market.
Nadorcotts from South Africa has started to make arrival in the market. Due to the high volumes of Novas and Leanri varieties that was sent to the market, the Nadorcotts could not reach the optimal price levels normally achieved. The market is optimistic that this will change in the next 14 days when there will be less volume in the market and these other varieties will be out of the market.
A sharp increase in the price and demand for Lemons from South Africa due to limited supply available in the market.

Market Prices (Dubai, Kuwait and Jeddah)

Pome

Pome fruit
South Africa
South Africa has finished packing Royal Gala apples and are at the tail-end of the season for Cripps Pink/red and Granny Smith apples.
Market update
There are only Apples from South Africa and Chile available in the market, however prices have not picked up to the levels of last year as anticipated. The new season Royal Gala Apples from Spain and Greece is expected to make arrival in the market by the end of August, Serbia the beginning of September, and Italy 8 September. Positive market trends for South African Pears with increased sales and high price levels with limited supply available.
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 – Market update
Only Kiwi fruit from Chile available in Saudi Arabia and selling between $26.70 – $28.00. Price levels did not increase as anticipated for late Chilean Kiwi fruit.
Greece should be available from the last week of August/beginning of September.

Market Prices (Dubai, Kuwait and Jeddah)

India / Bangladesh

India
Soft Citrus demand picks up
Demand for Soft Citrus has picked up. This is in contrast to the reduction in demand for Oranges and an oversupply of Oranges into the market. Soft Citrus demand and prices will keep increasing as we approach the end of the Soft Citrus season.
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Bangladesh
Bangladesh Political situation
A few good developments are witnessed as the interim government is making efforts to set firm footing. For example, the police force is reporting back to duty; all offices and factories around the country has re-opened; the public bus and train goods/passengers transport is fully operational; and no change in port work. However, the port yard is congested which in turn affects the productivity. It seems to date, the country is getting back to its usual business.
SA Statistics

Decofrut Statistics

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