Price of limes is rising, but still below normal level in Italy

The price of limes in Italy continues to rise these days. But, says Paolo Bernardi of F.lli Cazzola, a company in Bologna's wholesale market, prices were very low until a week ago because of the oversupply. "In the first days of July, limes cost €6 per carton (about €1.5 per kilo), while the price has risen to €10 in week 27. However, prices are still low if you factor in cultivation and logistics costs in takes into account." According to the trader, the demand will increase even more in the coming days, because lime is widely used in the tourist areas in the summer. "It cannot be ruled out that volumes from Brazil will decrease slightly, while Italian demand will certainly grow." In Europe, the majority of the limes arrive by ship in the port of Rotterdam after a 4-week journey. The bright green fruit is the most requested. If, on the other hand, it stays in the warehouses for too long and takes on a yellowish color, it loses value. The limes from Brazil arrive in packages of ...