The Ceagesp price index fell 2.6% in February, driven by fruit

Published 2021년 3월 4일

Tridge summary

The Ceagesp price index in São Paulo fell 2.60% in February due to a decrease in fruit prices. Despite the high dollar for imported fruits, the drop in prices is attributed to a abundance of national products and good quality. The vegetable sector experienced a price increase, but it was not enough to significantly contribute to the index. The main price drops were seen in mackerel, tortinha hake, octopus, daffodil, and maria-mole hake in the fish sector.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

São Paulo, 03/04/2021 - The Ceagesp price index fell 2.60% in February. The fall was driven by fruits, whose price dropped 7.29%. "Even with the high dollar for imported fruits, the sector has several national products in full harvest and excellent quality, contributing to the retraction of prices," explained Ceagesp in a note. "Even with rains and high temperatures, characteristic of this time of year, the trend for the month of March is to maintain or even drop the prices of fruits, miscellaneous and vegetables. for new highs. Vegetables can suffer from excessive rain and the most sensitive products in the sector can have high prices ", he said. In February, the vegetable sector showed a sharp increase in prices, the second in the year, due to the hot climate and heavy rains that ruin the unprotected hardwood plantations ", said Ceagesp. The vegetable, diverse and fish sectors presented high, but, according to the company, insufficient for a significant increase in the Index. In ...
Source: Broadcast

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