China
Peach cans in China are being processed from the end of June, and some stocks in the previous season are processed before processing.
According to Food News Magazine (IEG Vu), the frost in April affected 83 kinds of peach harvest. Production declined by about 40% from last year.
According to China Agricultural Statistics Report, the production of peaches in China, the majority of peaches are being sold in the Chinese market, processed to cans for about 1 million tons of raw materials 14 14 thousand tons, 2013 Export exported from 12 million tons a year.
In the past two years, Chinese peaches can be exported, fresh peach exports increased to 75,000 tons from 37,300 tons in 2013 to 20 thousand in 2014, declined to the 2009 level . Since 2014, exports of fresh peaches in China have each year is increasing.There are also many companies that turn the information of yellow peach into frozen yellow peach for better storage.
Greece
People generally believe that demand is low, but the prices of Greek peach raw materials and end products are rising this year.
According to FOODNEWS, the price of canned Greek peaches is expected to rise 4.5% in the season.
The production volume of Greek peaches is a total reserve of 375,000 tons, which is "significantly lower" than last year. If the raw material price is rising by 4.2% during the production season, the current price is 0.25 in euro / km ($ 0.29 / kg).
At the beginning of July, the weather quickly changed from high temperature to high temperature, which led to the aging of peach fruits. Previous season peach cans are sold on average of 15 euro per carton 24 x 1 kg standard quality specification.
Spain
Unlike the Greek situation, Spanish peach raw material prices have declined and the current price of canned high quality peach blend is slightly lower than last year's level.
FOODNEWS confirmed that the prices of peach raw materials processed in high quality in Spain are 0.26 to 0.28 euro / kg, 0.25 to 0.27 euro / kg compared with last year.
This year peach production is estimated to be the same as last year, reaching 125,000, 80% of which is used for canning.
International conflict
US introduction of 10% import duties on imports from China will affect the global trade of canned peaches in the second half of 2018, as half of the peaches in the US are imported from China .
US buyers said: "We have heard from several vendors - Chinese exporters pay tariffs and will not ask us to confirm the price or cancel delivery, we will not hear retail Chain ... This is a very difficult situation. "
China is the leading supplier of canned peaches in the United States. Last year, we imported $ 696 thousand in the US and 54,650 tons of canned peaches from China.
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