Record Durian Imports Hit Shenzhen Markets, Driving Down Prices
What happened
Shenzhen ports recorded record high fresh durian imports between April and July this year, totaling 26,200 tons valued at 797 million yuan. These imports, sourced from Thailand, Malaysia, and other APEC economies, have led to noticeable price reductions in local markets. Prices for Monthong durian in Guangzhou dropped from approximately 20 yuan per 500 grams to between 13.8 and 17.8 yuan per 500 grams.
From alwihdainfo.com
Why it matters
The high volume of imports and the resulting affordability of goods reflect ongoing trade liberalization efforts promoted by APEC. This activity increases the overall import volume and affordability of goods into China.
From alwihdainfo.com
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
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The entities involved
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Shenzhen
city in China
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Malaysia
country in Southeast Asia
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Chile
country in South America and Oceania, with a claim in Antarctica