Watermelon/Cepea: For another week, high supply and low demand put pressure on prices

Watermelon/Cepea: For another week, high supply and low demand put pressure on prices
Watermelon/Cepea: For another week, high supply and low demand put pressure on prices
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For the sixth week in a row, watermelon prices fell in the fields. According to Hortifruti/Cepea employees, the reasons remain the same: excess supply and little demand. In Teixeira de Freitas (BA), demand is sluggish due to occasional rains in the region, discouraging the regional market. In Rio Grande do Sul, supply is high, given the intensification of the harvest in southern regions, accompanied by watermelons from Bahia and some fruits in Goiás, but demand remains weak. The rains in the state of Rio Grande do Sul are more controlled, and no longer impact production as they did in December and early January.

Thus, the price of large watermelon (>12 kg) in Teixeira de Freitas closed at R$0.70/kg, a reduction of 12.5% ​​compared to last week. In Rio Grande do Sul, the same standard of watermelon had an average of R$0.68/kg, a decrease of 7.7% in the same comparison. Producers are already concerned about successive drops in prices, as they could be very close to production costs, reducing profits or even generating losses.

Source: Cepea/Hortifruti

The article is in Portuguese

Tags: WatermelonCepea week high supply demand put pressure prices

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