Trade4go Summary
Banana prices have fallen in the Ribeira Valley (SP) due to low demand, increased local supply, and competition with higher quality Minas Gerais fruit, according to a survey by Hortifrúti/Cepea.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Banana prices dropped in the Ribeira Valley (SP) last week, according to surveys by Hortifrúti/Cepea. According to contributors, the decline is mainly due to the drop in demand for the fruit typical at the end of the month (lower purchasing power of the population), reinforced by competition with bananas from Minas Gerais – the fruit from Minas Gerais presents superior quality, making it difficult to sell the fruit from the São Paulo region. Furthermore, researchers from Hortifrúti/Cepea explain that the Ribeira Valley has registered a small increase in the supply of prata bananas, which has been observed since the beginning of this month and was already expected ...
