Cepea, May 20, 2020 – The number of bids for contracts from the processing plants from São Paulo State increased in the second week of May, after Fundecitrus (Citrus Defense Fund) released, on May 11, estimates confirming orange production in the 2020/21 crop should be lower, which was already expected by agents from the sector.
Besides the higher demand from processing plants, prices rose too, hitting 5.00 USD per 40
Fonte: CEPEA