Peru: Despite initial projections, there is an upward trend in mango prices in the first weeks of the campaign

(Agraria.pe) Various organizations are already participating in the first days of the new Peruvian mango campaign and are beginning to see market trends. Jorge Luis Céspedes Amanzo, general manager of Soluciones Comerciales y Agrícolas (SOCAGRO), comments that these first four weeks “we have started strongly” with shipments of the Edward variety. And they see a key distinctive feature: “We are observing an upward trend in prices, something contrary to the initial projections.” From his perspective, this trend in prices is due to two well-defined factors. The first is local and regional demand, with the internal demand of Peru, to which is added a strong demand from the markets of Ecuador and Colombia, which has brought prices in the collection to levels of S/ 1.70 per kilo. “This motivates producers to allocate their best quality to these markets.” The second factor, he says, is the staggered production for the Edward variety, which has caused the supply to not be consolidated and ...