Tahiti prices hit 100 BRL/box in SP, a nominal record

Cepea, August 18, 2020 – Tahiti lime prices, which have been on the rise for a few weeks, skyrocketed between late July and early August, hitting new nominal records in the historical series of Hortifruti/Cepea, which started in 1996 for this product.

 

In the first week of August, quotes hit 100.00 BRL per 27-kilo box, harvested, in some regions from São Paulo, however, the average in the first half of the month closed at 92.24 BRL/box, a staggering 76.7% up compared to that in the first fortnight of July.

 

The low volume of fruits on tree explains price rises. The dry weather in major producing regions in São Paulo State has affected the size of the fruits, which did not reach the standard required by both the domestic and the international markets. In spite of that, fruits color is considered good, and no health problems have been reported.

 

As for exports, international demand was firm in the first half of August; however, as prices are high, Brazilian growers prioritized trades in the domestic market.

 

ORANGE – The cold front in São Paulo state in the first weekend of August limited the demand for in natura oranges. However, the fast crushing pace and the low supply of high-quality fruits underpinned quotes. Between August 1st and 14, the average price for pear oranges closed at 29.44 BRL per 40.8-kilo box, on tree, 13.2% up compared to that in the first fortnight of July.

 

GREENING – For the third year in a row, the incidence of the disease that most concerns Brazilian growers has risen in the citrus belt (São Paulo and Triângulo Mineiro). According to Fundecitrus, this year, greening has affected 20.87% of plants, which accounts for approximately 41 million trees, 9.7% more compared to that registered last year.

 

(Cepea-Brazil)

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