Lime prices have been on a good level in recent weeks. "For a long time, the prices in America were at such a level that it was not interesting for the Mexicans to send limes to Europe. Things have slowly since been changing. Supply is gradually starting to trickle in. This is making the Brazilians a little nervous," says Marcel Verdellen of the Dutch company, Satori Holland.
"In limes, we are coming out of a dramatic 2018. We also had a tough time with low prices at the start of the year. This is making everyone on the lime market very wary. Containers are not simply being sent," continues Marcel.
"Statistics show that Brazil sent considerably fewer containers at the beginning of the year. This was due to the low prices. It was only from week 12 that more was sent than last year. In contrast, the supply from Mexico is more on the same level."
"Since then, prices are at the EUR7 mark again. Supply and demand are now well balanced. In other years there was a dip in the market at the end of May/beginning of June. But, summer is usually a good period for lime sales. For example, we have seen demand pick up from, among other places, Greece," Marcel concludes.