Brazil: Domestic price of Red Globe expected to increase
The lower prices are explained by HF Brasil by higher volumes available at the beginning of the harvest. “In July, because of the start of the harvest, prices were higher than in the following months due to lower supply. However, this year some production areas suffered from a delay in maturation and therefore a larger volume was available at the same time.”
Exports of fresh grapes to Argentina have been very good this year. Numbers totaled 1.4 thousand tons, which were exported during the period from July to September. This is 200% more than the same period last year. It’s expected that the imported Red Globes will arrive in the market soon. HF Brasil explains that the import from, for example, Brazil, Italy, Spain and Peru will affect the market.