Papaya / CEPEA: Formosa's price drops 39% in Northern Espírito Santo and Southern Bahia, Brazil

Published 2020년 12월 4일

Tridge summary

The article reports a significant price drop for the formosa papaya variety in the North of Espírito Santo and the South of Bahia due to weak market demand and an increase in supply, attributed to favorable weather conditions that have expedited ripening. The price decrease was particularly notable in the North of Espírito Santo, with a 39% drop to an average of R $ 1.39 per kilogram, and in the South of Bahia, where the price fell by the same percentage to R $ 1.35 per kilogram. This price trend is expected to persist next week due to an anticipated rise in supply in these regions.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Piracicaba, 04 - This week (11/30 to 12/4), the prices of papaya formosa fell in the North of Espírito Santo and in the South of Bahia. According to employees of Hortifruti / Cepea, this is due to the market that is not yet much of a buyer and to the slight increase in the variety's offer in these regions, since the recent rains, followed by high temperatures, have accelerated the fruit's ripening. Thus, formosa depreciated 39% in the north of Espírito Santo, compared to the previous week, closing with an average of R $ 1.39 / kg in the period. In the south of Bahia, it was sold for R $ 1.35 / kg, down 39% in the same comparison. Producers also reported that there was pressure from some buyers due to the lower prices recorded in Rio Grande do Norte / Ceará - although these states focus on the regional market, there was a greater demand from buyers in the Southeast ...

Source: Hfbrasil