Job Offers

Specials more

Top 5 - yesterday

Top 5 - last week

Top 5 - last month

Limes could reach record prices in November due to Brazil's drought

The worst drought in recent memory continues to affect Brazil, causing declines in production and consequently driving prices up for a large number of crops. 

Lime prices have actually tripled over the past four weeks in the Brazilian market.

"As a result of this drought there are limited volumes of fruit available, but local consumption is still high, as limes are a staple product for most Brazilians," explains Daniel Briso, of the exporter Argofruta. 

In an earlier interview with FreshPlaza, Daniel reported that Brazilian exports to Europe this year are expected to increase by 20%. 

"While so far this year the export volume of limes to Europe is higher than in previous seasons, over the past four weeks Brazil has shipped very little fruit," he points out. 

Many European importers have stopped buying, likely because prices have become too high. 

"For the time being, European importers are resorting to their own stocks, but these will not last for more than two weeks," he explains. 

Given Mexico's low production volumes this campaign due to bad weather, a considerable price increase in the European market during the month of November will be inevitable.

Daniel Briso
T:+55 11 5593 5900
M:+55 11 9811 9899

You'll need Skype CreditFree via Skype

Publication date:

Receive the daily newsletter in your email for free | Click here

Other news in this sector:

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.

Click here for a guide on disabling your adblocker.