Brazil: Citrus supply in the fresh market is expected to remain low in July

Published 2024년 6월 28일

Tridge summary

Research from Cepea predicts a continued low supply of citrus fruits, particularly oranges, in the São Paulo table market in July. This shortage, which has been ongoing since the middle of the previous year, is attributed to high industrial absorption. As a result, orange prices are anticipated to remain stable or rise. Meanwhile, the average price for fresh pears has seen an increase in June, rising by 6.7% to R$ 85.60/box of 40.8 kg, and by 14.2% in the industry for pears and late pears.

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Original content

Cepea research indicates that the supply of citrus fruits in the São Paulo table market is expected to remain low in July. Check out hot information about agriculture, livestock, economy and weather forecast in the palm of your hand: follow Canal Rural on WhatsApp! In the case of oranges, lower availability has been observed since the middle of last year and, according to Cepea researchers, it is also linked to high industrial absorption, given the great need for processors to acquire the raw material – it is worth remembering that Juice stocks are expected to end the 2023/24 harvest (on June 30, 2024) quite low. In this scenario, according to Cepea researchers, orange prices should remain firm and/or rising. In June (until the ...

Source: CanalRural