Tangerine/mandarin crops have been negatively impacted by citrus greening issues and severe weather with total MY 2016/17 production expected to decrease by 5 percent to 19.3 million MT.
Pomelo production in MY 2016/17 (October-September) is forecast down roughly eight percent to 4 million MT as cold weather and heavy rains earlier this year have resulted in a smaller crop.
Orange production at 6.2 million MT, down 10 percent from the previous year, due to continued citrus greening disease issues and unfavorable weather in Southern China.
Merry Xmas all
DFM Price at posting:
79.0¢ Sentiment: Sell Disclosure: Not Held