Market situation in the Northern Hemisphere week 41

Avocado

In Europe, the market remains stable. The supply level of Hass continues to fall, and there was a slight settling in the most expensive lots. In the United Kingdom, there were no reports of changes. The level of supply would remain meet demand, allowing prices to remain stable.

In the United States, the market remains moderate and on the East Coast, there appears to be a preference for local and Chilean avocados.

In Mexico, the supply remains lower than last year and despite this, prices have moved up, with higher values than in 2009.

In South America, there appear to be similar conditions as last week. High prices in the local Chilean market continue, and Argentina remains stable with the import supply.

Blueberries

In the United States, the price of imported fruit remained stable and an increase in arrivals from the Southern Hemisphere was seen. That positioned Argentina as the second-biggest producer and it is likely in the next few weeks to surpass the local supply, putting it in first place.

In Canada, the supply remains limited, which has generated an active market. A considerable increase is expected in Argentine arrivals at the beginning of November.

Oranges

In Asia, prices for South African oranges posted slight increases in Hong Kong/China, while the Japanese  market remains stable for all the Southern Hemisphere supply.

In the United States, the Navel supply remains limited, with Chile as the main provider. Valencias continued to be moderate, with South Africa dominating on the east Coast and California on the West.

In Europe, the Southern Hemisphere season is coming to a close. The situation in the market is positive, seeing improvements in prices on the Continent this week.

Table grapes

In the United States, activity for white grapes continues to be slower than for reds and blacks. Red Globe showed a big range of prices in the face of a big proportion of small sizes.

In Mexico, consumers maintain their preference for imported Thompson, which results in lower prices for local red Globe.

Source: iQonsulting/www.freshfruitportal.com