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Banana
October 29, 2021
BANANA/CEPEA: Cavendish price keeps falling in Santa Catarina state
Low demand limits buyer's purchase volume

By Leonardo Caires, Patrick Berquó and Marcela Barbieri
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BANANA/CEPEA: Cavendish price keeps falling in Santa Catarina state See photos

Piracicaba, 29th - The prices of cavendish bananas continued to fall in Northern Santa Catarina, Brazil’s producing region, last week (October 18th to 22nd). According to agents consulted by Hortifruti/Cepea, despite the variety's supply being controlled in the region, the price drop is due to low demand, characteristic of the second half of the month, which limits the buyer’s purchase volume.

Thus, the first quality cavendish was sold at an average of BRL 0.97 per kilo, 3% lower than the previous week. For this week, producers in the north of Santa Catarina expect the cavendish banana supply to have a slight drop in the region, favoring a possible maintenance of prices, even at the end of the month.

Source: hfbrasil.org.br

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Tags
banana prices
Brazil
Cavendish
Cepea
controlled supply
HF Brasil
low demand
Santa Catarina state