Spain: Low prices and sales of late oranges
Published: 3 Jul 2014
The situation of previous weeks is being repeated, with low prices for the late orange varieties, as well as an almost complete halt of sales. For their part, Verna lemons have registered a recovery of both prices and sales volumes.
Production and sales at orange handling facility
The significant drop in orange consumption volumes in Europe has been determining in slowing down the pace of work at Andalusia's handling facilities. The low demand has also entailed prices dropping to unprofitable levels.
In previous campaigns, marketers of the Spanish eastern coast headed to Andalusia to acquire quality late oranges to be able to supply their clients. By contrast, this season, with the low prices and demand, those same operators are backing down, waiting for prices to improve before resuming their operations.
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Courtesy of Fresh Plaza