Brazil: Citrus market, limited supply sustains rising prices

Despite weakened demand for oranges due to lower temperatures, the citrus market remains resilient with high prices for both fresh fruit and industry. According to the Center for Advanced Studies in Applied Economics (Cepea), limited supply has been decisive for this price stability. In this week's partial period (Monday to Thursday), the average price of pear oranges on the tree reached R$84.60 per 40.8 kg box, representing an increase of 0.88% compared to the previous period. The increase is a reflection of the scarcity of supply in the market. Meanwhile, demand for poncã tangerine remains solid. This week, the fruit is being traded at an average of R$63.39 per 27 kg box on the ...