Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber
Stability for mandarins and lemons

Spain: Sharp drop in orange prices

In Andalusia, Spain, prices at origin of Navelina oranges plummeted in mid-November due to the progressive increase of supply in the market. Meanwhile, mid-season mandarins and lemons remain stable, with the latter registering smooth sales.

According to the latest market study issued by Andalusia's Prices and Markets Observatory, oranges barely exceed an average price of 0.10 €/kilo, with prices reduced by 39% compared to those achieved in early November. Compared to the same period last year, prices have dropped by 20 to 30%.

For mandarins, the average price stands at 0.31 €/kilo, a couple of cents below that registered in previous weeks. This value is, in any case, substantially higher than last season, when it never exceeded 0.24 €/kilo, i.e. 29% less than now.

Regarding lemons, the most noteworthy is the smoothness of sales, despite the fact that produce from the Southern Hemisphere is still reaching the markets. This, however, should start running out over the next few days, so an increase in the demand for Andalusian lemon, as well as higher prices, is expected.

Lemon prices remain at 0.27 €/kilo, which is 17% more than in the same period last year, and slightly below those of previous weeks, when they reached 0.30 €/kilo.

Prices at handling facilities follow the same trend. Oranges have dropped from 0.43 to 0.37 €/kilo, mandarins reach 0.45 for loose fruit and 0.55 €/kilo for boxed produce, which ensures profitability for the growers, and lemon prices stand between 0.50 and 0.60 €/kilo, with an average price, more than 10 cents lower than last season.

The report from the Prices and Markets Observatory has found that the product is suffering the consequences of the Russian veto, as some marketers of Eastern European countries are purchasing Spanish produce at dropped prices for later re-export to Russia. As a result, handling facilities are trying to retain their produce while awaiting new buyers.

Source: Agrodiariohuelva

Publication date:

Related Articles → See More