Cherries selling smoothly before New Year’s Day, and Peruvian grapes enter the market

Cherry sales were strong leading up to New Year’s Day, with price fluctuations remaining reasonable. The arrival of several cherry shipments in late December increased the overall supply, causing prices to drop compared to mid-December. Sales peaked just before New Year’s Day. Following the influx of fruits, the prices of high-quality cherries rebounded slightly. However, on New Year’s Day itself, most buyers had sufficient inventory, and fewer people visited the market for purchases, resulting in the lowest market prices in recent days. By January 2, foot traffic in the market had gradually increased, leading to a slight market improvement. With the New Year’s Day sales peak over, post-holiday prices are approximately 10%-15% lower. For example, 2J-grade Santina cherries in a 5kg package are priced at around ¥230 per box, while 3J two-in-one packages range from ¥320 to ¥330 per box, with adjustments depending on fruit quality and daily market conditions. Based on past trends, traders predict that these lower prices may persist for 3-4 days after the holiday but expect them to stabilize without significant further reductions.

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