Update on the market in the GCC countries
There is a general concern this week, that price levels will drop with the influx of volumes of Valencias shipped to the Middle East over the past 3 weeks from South Africa. However, volumes will decrease going forward as South Africa is at the end of their citrus season, and this can help to hold prices at the current higher levels. Decrease in apple prices as higher volumes from all origins make arrival in the market. The price for South African pears is expected to increase from mid-October when Spanish pears are almost out of the market.
1.00 USD = 3.67 AED (Emirate Dirham) |
1.00 USD = 3.75 SAD (Saudi Riyals) |
1.00 USD = 110.11 BDT (Bangladeshi Taka) |
1.00 USD = 83.07 INR (Indian Rupees) |
1.00 USD = 18.90 ZAR (South African Rand) |
Citrus
Citrus fruit – South Africa
The Eastern and Western Cape are wrapping up the season on late mandarins . Europe, UK, and the Middle East were dominant markets for South African Mandarins this season. The Northern regions have finished packing Valencia. The Western Cape should have 1 week left of packing and then the citrus season for South Africa will be finished.
Market update
The Middle East market is concerned about the higher volumes of Valencias that have been shipped from South Africa over the last 3 weeks. However, with South Africa ending sooner than anticipated in week 40/41, the market will not be oversupplied, as there will be no oranges until Egypt is only expected to start making arrival in the GCC countries at the beginning of December.

Market Prices (Dubai, Kuwait and Jeddah)

Pome

Pome fruit
There is still a high demand for apples in Europe and UK and this is holding prices at higher levels. South Africa is wrapping up the season on the packing of the last of the stored volumes of CA Forelle and Vermont Beauty pears.
Market update
Pears from South Africa remain stable, and price levels are expected to increase from mid-October when Spanish pears are out of the market.
Market Prices (Dubai, Kuwait and Jeddah)

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


India / Bangladesh

India
Valencia prices dropping daily
With large volumes coming in the Valencia prices are dropping daily. More volumes enroute will drop prices below cost. The early end to the citrus from South Africa should help prices to increase in future.
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Bangladesh
Citrus performing well
The market is performing well on imported South African soft citrus and oranges. Chinese and Indian soft citrus will start soon.
SA Statistics

Decofrut Statistics

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