Europe: “Increasing mango volume affects prices”

Until recently the mango market was just peachy (pun not intended) but now that Brazil and Israel are gathering steam, prices are dropping fast. According to Ive Lambert of Starfruit “there was a shortage of Tommy’s two weeks ago and prices were high, but now they have dropped to 1.5 Euro.”

“Fact is, the market is just flooded, and this of course affects price ranges. Last year was another story, back then prices were up all season long. But now they might go down even more. Traders just don’t know where to leave incoming containers. Brazil is engulfing us with their stock.”

“It’s not just mangos,” says Lambert, “it’s limes as well. Mexican limes sold for 11 to 14 Euro last year, now it’s 4 to 6.5 Euro. South African pomelos on the other hand, are doing quite well; prices going as high as 18 Euro – 8 Euro higher than last year. So yes, the market is all over the place right now.” 

For more information:
Ive Lambert
Starfruit Company
Werkhuizenkaai 112-154
Brussel - België
Tel: + 32-22420876
Fax: + 32-22421208

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