Market Update Dehydrates from Thailand
We are right now in the middle of winter crop period , the price of fresh pineapple this week is about Bht2.70-3.50/kg. Still the price is in the low level, regardless of low supply available in the industry. This is assumed to be caused by relatively low demand of Thailand canned pineapple still during this period. The winter crop is expected to last until this coming February 2019. Summer crop 2019 is too early to be expected but we have seen the reducing number of plantations throughout this year.
Consequently, with low level of fruits supply, it has already affected the shortage of core pineapple in the market from now up till Jan./Feb.2019. We’ll recommend customers to be careful for the available supply again for pineapple during Feb onward.
We are now in the peak season of papaya which is normally during Oct- Jan. but the supply is extremely lower than the demand in the market. Fresh papaya price has gone up now to Bht11-12/kg. and even at this price, it’s still difficult to obtain the supply in the market. In term of the quality, it seems the colour of papaya is also paler than usual. Consequently, we expect the price of papaya would remain relatively firm throughout the first 3 quarters of 2019.
It’s the season of winter mango season now where normally the price is more expensive than the main crop in summer. The price of mango during this winter is approximately 10% more expensive than the same period of last year, mainly due to the strong demand of fresh mango by Vietnamese market.
For next summer crop 2019, it’s still early to predict because there are about 2-3 months to go and it depends also for the demand of fresh mango in our neighbouring countries. We should be able to get clearer picture of the situation around February 2019 and will keep you updated.
The crop of ginger was already over since last October 2018. The price of fresh ginger was also about 70% more expensive than last year crop and with the big rainfall during the 3rd quarter of this year, it damaged badly to the fresh ginger. It consequently affects to the quality of ginger.