Orange prices decline in Brazil as early varieties flood the market

Orange prices in Brazil continued to decline in April, driven by increased availability of early-season varieties like Hamlin and Westin, along with a higher supply of ponkan tangerines. Cooler weather also weakened consumer demand, adding pressure to in natura prices. Between April 28 and May 2, pear orange prices dropped 4.58%, averaging BRL 93.82 per 40-kg box (USD 16.57), according to data from Cepea (Centro de Estudos Avançados em Economia Aplicada in Portugese).

For the entire month, the average price of pear oranges was BRL 92.46 per box (USD 16.33), a 1.75% decrease from March. In the industrial segment, prices fell even more sharply as both growers and processors await new data from Fundecitrus to guide contract negotiations for the 2025/26 crop.

In April, the average price for oranges delivered to the industry was BRL 51.81 per 40.8-kg box (about USD 9.15), an 18% drop from March levels. During the week of April 28 to May 2, that price fell further to BRL 47.30 (approximately USD 8.35), down 5.95% from the previous week.

The market remains cautious ahead of the upcoming crop estimate, which is expected to influence pricing strategies moving forward. With weak demand and rising supply, downward pressure on prices is likely to persist.

source: cepea.org.br

photo: solidaridadnetwork.org