Bloomberg "Anywhere" Remote Login Bloomberg "Terminal" Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

China Seen by Ciatti Increasing Prices for Apple Juice ‘Soon’

May 10 (Bloomberg) -- China will probably increase apple juice prices “soon” after selling below the competition, according to wine and grape broker Ciatta Co.

Domestic apple juice prices are about $9.50 to $10 a U.S. gallon, and China is selling it at the low to mid $8 a gallon, San Rafael, California-based Ciatti, which says it’s the world’s largest broker of bulk wines, wrote in an e-mailed report today. Few processors are willing to continue to manufacture large quantities, it said.

Apple juice concentrate futures traded on the Minneapolis Grain Exchange have dropped 12 percent this year to $7.45 a gallon by yesterday.

To contact the editor responsible for this story: Claudia Carpenter at ccarpenter2@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.