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Market Data 02/15/2018

Global inventories of Brazilian orange juice in December 31, 2017

The survey conducted by independent auditing firms with each of CitrusBR associate member companies and consolidated by external auditing ascertained that global inventories of Brazilian orange juice, converted into Frozen Concentrated Orange Juice Equivalent (FCOJ 66° Brix) at CitrusBR associate members’ facilities on December 31, 2017, amounted to 702,981 tons.

Global inventories of Brazilian orange juice in December 31, 2017
Historical data of physical inventories of Brazilian Orange Juice at CitrusBR associate members’ facilities both on December 31st and June 30th of each season, as well as the projected carry-over inventory at the end of the 2017-2018 season. (Photo: CitrusBR)

The survey conducted by independent auditing firms with each of CitrusBR associate member companies and consolidated by external auditing ascertained that global inventories of Brazilian orange juice, converted into Frozen Concentrated Orange Juice Equivalent (FCOJ  66° Brix)  at CitrusBR associate members’ facilities on December 31, 2017, amounted to 702,981 tons.

This volume indicates an increase of 205,598 tons or 41.3% when compared to the 497,383 tons existing 12 months before on December 31, 2016. The same survey indicates that on June 30th, 2018, the global inventories of Brazilian Orange Juice are anticipated to be 254.2 thousand tons of FCOJ Equivalent 66° Brix.

This projection, if confirmed, will represent an increase of 146,813 tons as compared to the 107,387 tons which were existing at all CitrusBR members’ facilities on June 30th, 2017, as previously informed to the market.

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