The prices of the main citrus fruits surveyed by Cepea dropped in May in the Brazilian market. This downward trend was already expected by the agents in the sector, since the supply of oranges and tangerine usually increase at this time of the year, while the demand for fruits in general decrease because of the cold weather.
Oranges devalued in May, as the harvest of early varieties stepped up and some volumes of pear oranges out of the ideal period were harvested too. Besides, consumption decreased, mainly because of the lower temperatures in southern and southeastern Brazil.
In the market of ponkan tangerine, although the volume harvested increased slightly last month, demand remained firm, as the supply of ponkan tangerine increases at this time of the year.
As for Tahiti lime; prices dropped steeply in May. According to Cepea collaborators, besides weak demand because of the cold weather, supply was high last month, also due to low exports and processing.
Source: cepea.esalq.usp.br