Brazil: After weeks of growth, papaya prices stabilize in Bahia and fall in Espírito Santo

Published 2024년 12월 20일

Tridge summary

Papaya prices are experiencing a decline due to slow demand and stable supply, leading to a decrease in the price paid to producers in certain regions. This is attributed to the end-of-year holidays and school vacations, which have reduced demand. As a result, prices have dropped by 5% for Hawaii 12-18 in the North of Espírito Santo and 12% for Hawaii 15-18 in wholesale. It is expected that demand will remain low in the coming weeks, preventing any significant price increases both in wholesale and on farms.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

After weeks of growth, sluggish demand and stable supply are impacting papaya prices. According to agents consulted by Hortifrúti/Cepea, throughout this week (12/16 to 12/20), Hawaii 12-18 was sold at R$2.38/kg in the North of Espírito Santo, a 5% drop compared to the previous week. Lower prices paid to producers in this region are due to weaker demand in the main warehouses that consume the fruit, reflecting the proximity of the end-of-year festivities, which, together with school vacations, has limited demand for the fruit. In the South of Bahia, prices stabilized after weeks of growth, with the Formosa variety being sold at R$1.41/kg. Lower prices were recorded in wholesale, with Hawaii 15-18 ...

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