Avocado market in the beginning of July 2008

The market has improved and tended to recover its balance. The global offer of Hass has continued to decline and has been at the average level. The Peru deliveries have decreased further and have been 10% below the average. However, The SAR arrivals have punctually increased and have been higher than last year week 27. Sales have remained fluid with the continuation of the multiple line operations. As a result, the prices have been firmer and have risen a little, especially for the small fruits (grades 20-22-24) that have become scarcer. No stock available. The Green avocado shortage has worsened. On the one hand, the Peru campaign is close to its end. On the other hand, the SAR supply has remained short and 20% below the average. Moreover, the Kenyan offer has remained limited. In this context, the prices have remained stable.