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Market Data 08.05.2024

Brazil: 2024/25 orange processing may gain pace this month

The orange processing of the 2024/25 season may be intensified in May. Three of the major processors and other two small companies (tool) have been operating at the moment.

Brazil: 2024/25 orange processing may gain pace this month
(Photo: AdobeStock)

The orange processing of the 2024/25 season may be intensified in May. Three of the major processors and other two small companies (tool) have been operating at the moment. At least three more units are expected to start activities still in early May.

In the same period of 2023, only three units were operating, and a fourth company started crushing in the second week of the month. This scenario indicates a higher intensity of processing activities this year. Although current volumes are not high yet, players from the industry say that some companies have started operating in order to avoid fruit losses in a year of low supply.

Prices at companies remain firm, reaching BRL 70.00 per box for fruits of the new season. In cases of higher volumes, values can be even higher.

Due to the increase of industrial activities, the downward trend of orange prices in the in natura market, verified in April, is likely to slow down, since producers will have the industry as an option to sell the product. In April, the average for the in natura pear orange, of BRL 91.28 per 40.8-kilo box, in tree, was 3 % lower than in March.

The demand for oranges, in turn, is expected to decrease in May, because of the supply of ponkan tangerine. Moreover, possible milder temperatures in the Brazilian autumn tend to reduce the consumption.

Tahiti lime

The rainfall favoured the development of the tahiti lime in São Paulo state, increasing the supply.

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