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Coronavirus and higher supply may keep pressure on orange quotes in May

Cepea, May 5, 2020 – In April, the citrus growers from São Paulo State fastened the harvesting pace of the 2020/21 orange crop. Although supply was not high, the volume harvested was enough to press down citrus quotes in the in natura market during the month. Besides, the demand for oranges decreased in April, due to the social distancing advice – because of the coronavirus pandemic –, constraining fruits sales to restaurants and other food services
Fonte: CEPEA



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