The price of litchi in Guangdong fell to its lowest level in five years.

[Guangdong litchi prices fall to the lowest in five years] Litchi is an important fruit crop in southern China, among which Guangdong and Fujian provinces are the most popular. This year is the big year of litchi. The output of many orchards in Guangdong has generally increased by 20% to 30%, and some orchards have even increased by 60%. A Guangdong fruit dealer said that the wholesale price of litchi in this year's producing area is the lowest in five years, because demand has not increased much, causing some varieties, such as Gaozhou Feizixiao litchi, to fall to 3 or 4 yuan per jin. (CCTV Finance)