Update on the market in the GCC countries
Even with a drop in price levels on Oranges and Late Mandarins from South Africa, the market remains strong for both commodities with only 3 weeks left of packing in South Africa for Valencia. High demand for Late Mandarins due to South Africa, Argentina and Uruguay that are finished for the season. Decrease in demand and price levels for Royal Gala apples due to France, Italy and Serbia that has made arrival in the market.
1.00 USD = 3.67 AED (Emirate Dirham) |
1.00 USD = 3.75 SAD (Saudi Riyals) |
1.00 USD = 109.67 BDT (Bangladeshi Taka) |
1.00 USD = 82.88 INR (Indian Rupees) |
1.00 USD = 18.89 ZAR (South African Rand) |
Citrus
Citrus fruit – South Africa
Valencia from South Africa will end in the next 2 weeks.
Market update
Although there was an overall increase in Valencia volumes shipped from South Africa to the Middle East at the end of week 37 compared to last season, there is still a high demand, as the South African season will end in the next 2 weeks. There is uncertainty on whether the sales and market price levels will drop on Late Mandarins once Turkey makes arrival in the market from the beginning of October, since their ban for the past 4 – 5 years. However, with the Spanish crop that is expected to be 30 – 40% down on early Soft Citrus varieties, this might stabilize the volumes making arrival in the market.

Market Prices (Dubai, Kuwait and Jeddah)

Pome

Pome fruit
Polish apples remain at higher price levels due to the high demand in Europe and UK.
Market update
Decrease in price levels for South African pears who are competing with Spanish pears selling at $10.00 – $10.65 for 8kg and Turkish pears selling at $4.25 – $4.80 for 6kg, even though the Santa Maria variety from Turkey is not ideal for the market, the price is low, and consumers are looking at price. Spanish pears should be out of the market in the next 3-4 weeks and then price levels for South African pears should start to increase.
Market Prices (Dubai, Kuwait and Jeddah)

Grape, Stone, Kiwi Fruit
Kiwi fruit
No report.
Market update
No report.


India / Bangladesh

India
Apple sales slow
Apple sales have slowed down as more local apples become available. Prices are still maintaining though. Large volumes of Valencias are being shipped from SA and this will affect the market in the next couple of weeks. SA late citrus will be much less and will come to a sudden end earlier than normal.
.
Bangladesh
Limited Golden Delicious Apples available
Volumes going forward will be limited, as farmers have less Golden Delicious Apples in CA storage. Demand from Africa has increased significantly over the past 2-3 weeks, pushing up prices. Northern Hemisphere Goldens are starting.
SA Statistics

Decofrut Statistics

Follow links to our social pages