Cepea, May 16, 2017 – Estimates indicating a significant increase in the 2017/18 orange production in the Brazilian citrus belt and contracts previously closed (from October to December 2016) by processors from São Paulo State may limit prices paid by processors for new purchases. With part of the volume already contracted and without expectations for a sharp reduction in the raw material supply, processors may have less pressure for orange supply.
The first contracts in the 2017/18 season closed in the last quarter of 2016 reached levels between 20
Fonte: CEPEA
