date:Feb 07, 2021
er demand from the food service, the focus has shifted to the retail, where there is more demand for smaller sizes. There is also a higher demand for small packages. Meanwhile, the demand is quite volatile. All of this is resulting in low and fluctuating prices. However, as stocks decrease, the price is also expected to pick up somewhat.
China: Rising price due to declining acreage and bad weather
Most exports of Chinese red onions go to South Korea and Japan. Prices are 70-80% higher than norm