Brazil: Restricted citrus supply expected to keep prices high in August

Published Aug 10, 2024

Tridge summary

CEPEA's surveys predict a rise in citrus fruit prices in August due to expected limited supply of all varieties, despite the peak harvest season for oranges. In July, the average price for fresh pears was R$91.27 per 40.8 kg box, an increase of 6.50% from June and double the July '23 rate. The industry saw pears and late-season pears traded at R$80.46 per 40.8 kg box, up 5.10% monthly and 82% annually.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

CEPEA surveys show that the prices of citrus fruits monitored by this Center should continue to rise in August. According to CEPEA researchers, support continues to be tied to the expectation of restricted supply of all varieties, even with oranges at the peak of the harvest. In July, fresh pears were traded at an average of R$91.27 per 40.8 kg box, on the tree, up 6.50% compared to June and double (+103%) the nominal value recorded in July/23. In the industry, pears and ...
Source: SNA
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