Chile pegs losses in fruit exports to China at $100mn

Export earnings from the current Chilean campaign fruit could fall by $100mn as a result of the coronavirus outbreak in China, according to exporter association Asoex. Port congestion, low demand and a shortage of store and delivery workers are taking toll on demand. Of the estimated 1,500 containers of cherries that remain in the market, just 249 were sold during the first 48 hours since wholesale markets reopened this week, said Asoex president Ronald Bown.

Source: Fruitnet