Brazil: Citrus prices continue to fall, despite improvements in fruit quality

Published 2024년 12월 13일

Tridge summary

The article reports a slight decrease in the average price of table oranges and a significant decrease in the average price of Tahiti limes. The quality of both fruits has improved, but the supply of oranges does not meet market expectations. A new report predicts that orange production in São Paulo and the Triângulo Mineiro region will increase by 3.4% in the 2024/25 harvest, but will still be 4% lower than the first forecast in May 2024, and 27.4% lower than the previous harvest.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The average price of table oranges has fallen slightly, with a 40.8 kg box being traded at R$111.39 in the partial period of this week (Monday to Thursday), which represents a reduction of 1.4% compared to the previous period. According to Cepea researchers, the quality of the fruits has improved, although supply remains below market expectations. As for Tahiti limes, prices continue to decline sharply, reflecting the proximity of the main harvest of the fruit and the improvement in quality. In the partial period of this week, a 27.2 kg box was traded at an average of R$41.30, which represents a drop of 14.88% compared to the previous period. A new report released this month by Fundecitrus reveals that producers in the state of São Paulo and the Triângulo Mineiro region are expected to harvest 223.14 million 40.8 kg boxes of ...

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