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Peru: Lime prices will remain high until mid-October

The lime harvest season will begin in October, so prices for this product will continue to be high in the grocery markets. From June to July this year, lime prices increased by 105.3%. In June, their cost was 3.04 Soles per kilo. The following month the price jumped to 6.24 Soles per kilo, according to Information from the National Institute of Statistics (INEI). Prices have increased due to the natural low production period at this time of year and the ravages of the Coastal Nino. 

If prices in August range between 9 to 10 Soles, they will have increased by around 50%, said Anibal Sanchez, the head of INEI. 

According to the Ministry of Agriculture and Irrigation, lime production reached its highest peak last April and, according to forecasts, production in September will be even lower than that of August, and it will start to increase again towards October with the beginning of the harvest.

Piura, one of the areas that was affected the most by the past Coastal Niño phenomenon is the main producer of lime in the country with 57.3%. Another area of great incidence is Lambayeque with 19%, followed by Tumbes with 5.8%, and Loreto with 4.3%. Other areas participate with smaller shares that together account for 13.7%. 

Source: Agraria.pe with information from Gestion.pe

Publication date: 8/9/2017


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