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Apple price soaring

Author:Panda Date:2010-11-1 20:25:36
 
   
 New crop apple are available, but the price is out of everyone's expectation. Even for the business man who deal with fresh apples more than 10 years, the price become crazy. From the beginning of harvest, fresh apple price increased 30% in a week and continue to go up. This Situation is different from past years. In our views, fresh apples are hyped by some speculators.

   Dried apple products price followed. We expect the price would continuously increase at the first half of year and went down at the second half of year, as the price is too high and people could buy other fruit instead of fresh apple, then in the second half of this year, the inventorty would be at highest historical level, then price would go down quickly because of sale pressure.