Brazil: Despite low supply, dwarf bananas record falling prices in northern Santa Catarina

Published 2024년 10월 25일

Tridge summary

Prices for dwarf and silver coastal bananas in the North of Santa Catarina have dropped due to low supply and competition from other markets. Top-quality dwarf bananas are now sold for R$2.17/kg, a 10% reduction from the previous week, and silver coastal bananas are sold for R$2.31/kg, down by 3%. Producers in the region are on alert for an extratropical cyclone expected to hit on Thursday, October 24, which could cause strong winds and rain.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This week (October 21-25), prices for dwarf bananas fell in the North of Santa Catarina. According to collaborators at Hortifrúti/Cepea, despite the low supply of the variety, prices were pressured by the end of the month, when buyers are usually less strapped for cash, and by competition from other markets, such as Vale do Ribeira (SP). Thus, top-quality dwarf bananas were sold for R$2.17/kg, a 10% reduction compared to last week. The scenario was similar for silver coastal bananas. There was a 3% drop for the same profile, being sold for R$2.31/kg. There is already a slightly higher supply on the market for this variety compared to dwarf bananas. According to information from Globo Rural, this ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.