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Spain: Processors start buying oranges at very low prices

The orange juice industry has started buying fruit for just 10 cents per kilo, half as much as last season. The stockists and commission agents, who are the ones buying the oranges at origin and reselling them to the processing plants, pay 7 cents; less than what is paid for harvesting for third parties.

According to data from the Council of Agriculture, the price at origin of Navel oranges in the Citrus Fruit Market is 0.15 Euro (in MercaValencia, it is sold for 0.40 Euro per kilo), while that of the Navel Lane Late stands at 0.23 Euro and that of the Salustiana at 0.188 Euro.

At the same time, the Clementine mandarins sold this week at MercaValencia cost 0.80 Euro (at the Citrus Exchange, the price paid is 0.14 Euro).

 

Source: lasprovincias.es

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