Tridge summary
The ongoing war between Russia and Ukraine is impacting the export of Brazilian mangoes, particularly the variety from Vale, to Eastern Europe, including Russia. The conflict has led to suspended sales, resulting in a 9% decrease in palmer mango export prices to Europe. Additionally, the war may influence fertilizer prices due to Russia's role as a supplier, and there are concerns about potential excess supply for certain fruits as those originally intended for the Russian market may now be sold in Europe.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Piracicaba, 04 - The flow of Brazilian mangoes in the international market has already begun to feel the impacts of the war between Russia and Ukraine. Traditionally, part of the fruit harvested in the São Francisco Valley (PE/BA) is destined for Eastern Europe, including Russia. However, in the current situation, sales to the region were suspended, which resulted in a drop in palmer prices for export. This week (28/02 to 04/03), the average value of the variety from Vale destined for Europe was R$ 1.94/kg, a reduction of 9% compared to last week. In addition, according to media reports, there may be an impact on fertilizer prices, given that Russia is an important supplier of the input. Another reflection that may occur is that many fruits that would be destined for the Russian market may begin to ...
Source: Hfbrasil
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