Avocado market in the end of June 2008

The market has remained under pressure but has stabilised. Nevertheless, the Hass global supply has been heavy even if lower than expected. On the one hand, the SAR deliveries have remained at an average level. On the other hand, the Peru arrivals have reached a peak far above the average but the delay of 2 vessels has reduced the expected volumes. Thanks to operations in the multiple lines, demand has been quite satisfactory with fairly fluid sales. In this context, prices have remained low (especially for big fruits) but have stabilized. Some stocks available for the big fruits (grades 12-14). The Green deliveries have been short in Europe and very limited in France. Demand has slowed again because of the shift of the multiple lines to the Hass is almost complete. Prices have remained unchanged. Some stocks available.