Market

956 Articles

Chinese Peaches Find Favor on Vietnamese MarketImports of Chinese fruit to Vietnam are increasing, representing over 30% of Vietnam’s total fruit imports in the first half of 2021.	August 08, 2022 Roy G
MissFresh Announces Temporary Shutdown of Its On-Demand ServiceUnder considerable financial strain, MissFresh has temporarily shut down its on-demand service. The company’s share price has plunged by 65% over the last week.	August 02, 2022 Roy G
China Fresh Fruit Prices Up Nearly 20% as Producers Affected by Rising CostsIn the first week of July, the average price of a basket of six fresh fruit items in China was up 19.7% compared with last year.	July 31, 2022 Produce Report
Chilean Kiwifruit Exports Down 12% This SeasonChilean kiwifruit exports are currently down 12% compared with last year, while production for the season is forecast to be 10% lower.	July 27, 2022 Andrew D
COVID-19 Headwinds Lead Freshippo To Cut ValuationChinese supermarket chain Freshippo has cut its fundraising valuation from $10 billion to $6 billion, driven by COVID-19 restrictions such as the recent Shanghai lockdown.	July 25, 2022 Produce Report
Pagoda and Hortgro Stage Apple Tasting in GuangzhouSouth African apples have proved a hit with customers at China’s largest chain of fruit shops.	July 21, 2022 Produce Report
World Bank: Cambodian Ag Exports Face Headwinds, Fresh Produce to China a Bright SpotA recent World Bank report predicts that Cambodian agricultural exports to China will continue to increase under the new Cambodia–China FTA, despite some challenges.	July 20, 2022 Produce Report
MissFresh Announces 200 Million Yuan in Equity FinancingNot long after MissFresh ceased its operations in nine cities owing to financial issues, the company has secured equity funding from the Shanxi Donghui Group.	July 19, 2022 Roy G
USHBC Warms Up China Market With Blueberry WebinarThe U.S. Highbush Blueberry Council recently held a pre-season webinar to introduce Chinese fruit industry representatives to U.S. blueberries.	July 17, 2022 Produce Report
After Posting Record Losses, MissFresh Ceases Operations in 9 CitiesWith net losses of over $1.5 billion in the past four years, MissFresh has now closed its operations in nine cities.	July 14, 2022 Roy G