Core Insights - The article discusses the significant drop in the wholesale prices of lychee in China, particularly the "Feizixiao" and "Baitangying" varieties, which have decreased by approximately 70% compared to early May prices [1] - The article highlights the record high production of lychee in Guangdong, with an expected total yield of over 1.6 million tons, marking a 30% increase compared to normal years [3] - The introduction of a new lychee variety, "Xiantao Li," which is the largest lychee variety globally, is also noted, with a retail price of around 100 yuan per pound [4][6] Price Trends - Current average daily supply of lychee is 40 tons, with "Feizixiao" priced between 5 to 5.5 yuan per pound and "Baitangying" between 5.5 to 6.5 yuan per pound [1] - The price drop is attributed to a combination of factors including increased supply due to favorable weather conditions and a short shelf life of lychee, leading to competitive pricing among wholesalers [1] Production and Export - Guangdong province accounts for over half of China's lychee production and one-third of global production, with stable planting areas around 4 million acres [3] - The export volume of Guangdong lychee is expected to increase by 30% compared to 2024, contributing to a 20% increase in income for lychee farmers [3] New Varieties - The "Xiantao Li" variety, developed from hybridization, can be stored for 5 to 7 days at room temperature and over 30 days under low temperature [6] - This new variety is now available in major cities and is marketed as a premium product due to its size and unique characteristics [4][6] Market Expansion - The article notes the growing international market for Chinese lychee, with exports reaching various regions including Europe, the Middle East, and Southeast Asia [8] - In Dubai, lychee varieties such as "Feizixiao" and "Heiye" are popular due to their durability and ease of preservation, with rapid sales reported in local supermarkets [9][11]