Turkey raises minimum wage by 34% to address inflation
2023-06-21 00:00
Turkey has raised monthly minimum wage by another 34%, coming into effect on July 1. This will bring it to a net 11,402 lira ($483) for the second half of the year in an effort to address soaring inflation. Inflation is well above the official 5% target and touched a 24-year peak of 85.5% in
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China, a long-term leader in the world ranking of fresh apple exporters, has sharply reduced export volumes in the 2022/23 season. Thus, according to EastFruitanalysts, we will definitely have a new leader of the world apple export rating in the current season.
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"Growing interest in Romanian cherries from wholesalers and importers from all over Europe"
2023-06-21 00:00
The cherry season has already started in Romania, where Cerasus Grup, with its Panere brand, has launched its new sorting equipment purchased in Spain, with which it expects to significantly multiply its export volumes this year and gain access to new markets.
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New threat to horticulture of Central Asia: labor shortage
2023-06-21 00:00
According to EastFruit experts from Uzbekistan and Tajikistan, a new problem has arisen in the countries, which caught many by a complete surprise. This problem is rather serious and could lead to a decline in the production and exports of fruits and vegetables from the region.
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In Kazakhstan, they plan to stabilize seasonal prices for onions
2023-06-21 00:00
The measures to combat seasonal price surges for onions in Kazakhstan were discussed in the Majilis (lower house of parliament).
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Tajikistan exported more cherries to China in May than Uzbekistan
2023-06-21 00:00
According to EastFruit analysts, in May 2023, Tajikistan exported a record volume of fresh cherries to China for this month and even surpassed Uzbekistan. It should be noted that we are talking about relatively small volumes of products compared to these supplied by other exporters. However,
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New Zealand 2023 kiwifruit harvest leaves growers disappointed
2023-06-21 00:00
The modest 2023 New Zealand kiwifruit harvest leaves growers under par and disappointed with the volume of kiwifruit produced this season. This brings another year of financial pressure burdens for kiwifruit growers. They are keeping an eye on kiwifruit quality as it gets exported to overseas
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According to the National Statistics Bureau, since the beginning of June, cabbage has significantly decreased in price (by 9.3%) as well as onions.
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New Peruvian pomegranate farm completes first export season
2023-06-21 00:00
The greenfield pomegranate farm and new pack house in the fruit fly free area of Tacna in southern Peru, close to the border with Chile, exported 13 containers to six countries in North America, Europe and Russia.
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Seeka provides FY23 earnings guidance
2023-06-21 00:00
Seeka Limited has undertaken a comprehensive assessment of forecast full year earnings. The group result for the full year to 31 December 2023 is likely to be a net loss before tax of between $20 million and $25 million. This forecast reflects much lower than anticipated New Zealand kiwifruit
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Asoex travels to Asia to lay groundwork for new fruit campaign
2023-06-20 09:00
Asoex has travelled to Asia to define strategies ahead of the new export season for cherries and other Chilean fruit.
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Successful Australian avocado trial for IG International
2023-06-20 06:00
IG International has successfully completed its first trial shipment of Australian avocado with 176 cartons of the fruit landing in Mumbai.
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A.P. Moller - Maersk increases cargo flight frequency, commits new freighter to global network
2023-06-20 00:00
In an effort to strengthen connectivity and meet customers’ integrated logistics needs, A.P. Moller - Maersk (Maersk) is bolstering its growing freighter network between Mainland China, Southeast Asia, Europe, and the U.S. by increasing frequencies of regular flights as well as introducing
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Vietnam’s dragon fruit imports have dropped sharply, boosting Chinese domestic market
2023-06-20 00:00
Affected by the hot weather, the production of red dragon fruit in Guangxi production areas this season is expected to decrease by 30% compared to the same period last year. As the import of Vietnamese dragon fruit is blocked, the demand for domestic dragon fruit in the market has surged. Mr.
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Exports of Alphonos, Kesar and Banganpalli mangoes from India to the US market has more than doubled in the current season (April-June) compared to the year-ago period, because of a decline in air freight and a new irradiation facility in Ahmedabad.
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"Inexplicably, the lira's exchange rate decline isn't affecting our exports to Turkey"
2023-06-20 00:00
After the Turkish elections, the lira went into free fall. The currency has lost as much as 20% of its value against the euro. However, that has not impacted Verita Holland, which exports exotics from the Netherlands to Türkiye. "It's inexplicable; our sales are only increasing," Muhammet Cakir
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Argentina uses more Yuan to pay for Chinese imports
2023-06-20 00:00
Argentina has stepped up the use of the Chinese yuan to pay for imports from China, instead of using US Dollars. This is part of a currency swap deal with Beijing.
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NSW farmers welcome fast-tracked freight review
2023-06-20 00:00
The state’s peak farming body says rural and regional road and rail needs to be urgently looked at as part of a federal freight and supply chain review.
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Zespri, solidarity for flooded Romagna
2023-06-20 00:00
Zespri, a New Zealand company and world leader in the production and marketing of kiwifruit, also by virtue of its deep-rooted ties with the Italian and Romagna territory, will support the organisation of the great Italia Loves Romagna concert-event on 24 June as silver sponsor,
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DiMuto, an AgriFintech trade management solution, has partnered with Wismettac Foods to digitize its product offering, enabling food traceability and supply chain visibility across its various import and export operations.
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