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2017/18 production increases, but demand from the industry underpins values

Cepea, January 3, 2018 – Although production in the current crop (2017/18) has increased, orange prices in São Paulo kept at firm levels in 2017 in the industry and in natura segments, underpinned by higher demand from citrus processors.

 

An estimate released by Fundecitrus (Citrus Defense Fund) in December indicated that the 2017/18 production might total 385.2 million boxes, 57% higher compared to the 2016/17 season (one of the smallest productions in all times) and possibly the highest supply since 2012/13
Fonte: CEPEA



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