Brazil: Tahiti has a strong devaluation in November
Fresh Lime
Brazil
Published Nov 29, 2022
Tridge summary
High temperatures tend to favor demand for oranges
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, ...
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