Banana prices drop in Ribeira Valley

Banana prices dropped in the Ribeira Valley (SP) last week, according to surveys by Hortifrúti/Cepea. According to contributors, the decline is mainly due to the drop in demand for the fruit typical at the end of the month (lower purchasing power of the population), reinforced by competition with bananas from Minas Gerais – the fruit from Minas Gerais presents superior quality, making it difficult to sell the fruit from the São Paulo region. Furthermore, researchers from Hortifrúti/Cepea explain that the Ribeira Valley has registered a small increase in the supply of prata bananas, which has been observed since the beginning of this month and was already expected ...