Consumers cheer cherry price falls

In a surprising twist for China's fruit market this winter, imported cherries have become significantly more affordable, with prices dropping by nearly 50 percent compared to previous years due to an abundant supply.

The trend has drawn attention from both consumers and retailers during the peak gifting season ahead of Spring Festival.

According to data from the Beijing Xinfadi Wholesale Market as of Dec 31, Chilean cherries are being sold at prices ranging from 18 yuan ($2.46) to 45 yuan per jin (0.5 kg), depending on size and quality.