China: Raisin Annual
Link to report:
China’s raisin production is forecast to decline by nearly 6 percent on year to 170,000 MT in MY 2022/23 due to a lockdown in Turpan that put raisin processing on hold. The lockdown was enforced on August 10 at the start of the raisin processing season. Raisin imports are expected to rebound to 31,000 MT in MY 2022/23 driven by food processing demand as COVID-19 restrictions are expected to ease. Raisin exports will likely decline further driven by higher domestic prices.
