Brazil: Tahiti has a strong devaluation in November

Published 2022년 11월 28일

Tridge summary

Tahiti lime prices in Brazil experienced a significant drop in the latter half of November due to favorable weather conditions, with prices falling by 17.73% week-on-week and 27% from the start of the month, reaching an average of R$ 67.26 per 27 kg box. Despite high temperatures, orange prices remained stable, and demand is expected to rise. The pear orange variety saw a minor price increase of 0.98% from the previous week, averaging R$ 42.92 per 40.8 kg box.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Tahiti lime prices, despite remaining at high levels, fell sharply in the second half of November. This devaluation scenario was already expected by agents consulted by Hortifruti/Cepea, considering that, with the return of rains since the end of September, the development of the fruit was favored. This week (11/21 to 25/11), the variety has an average of R$ 67.26/box of 27 kg, harvested, a decrease of 17.73% in comparison with the previous week, and a devaluation of 27% (a little more than 24 Reais/box) compared to the first week of the month. In the case of oranges, prices remained virtually stable for another week. However, agents consulted by Hortifruti/Cepea believe demand is rising, ...
Source: Agrolink

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