Tommy Mango Prices Rebound After Two-Week Dip
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December begins with good news for Tommy mango enthusiasts. After two consecutive weeks of price declines in the Vale do São Francisco region (PE/BA), values rebounded this week (December 2nd to 6th). Market agents attribute this surge to a decrease in supply of the variety in the country’s main producing regions.
In Monte Alto/Taquaritinga (SP), production is gradually decreasing, making way for the palmer variety, which is expected to become more readily available later this month. Meanwhile, in Livramento de Nossa Senhora (BA), the palmer variety continues to dominate the market, while production of Tommy mango is beginning to decline.
Supply Tightens, Prices Climb
Consequently, with reduced supply from key producing areas, Tommy mango traded at R$ 0.99/kg in the Vale do São Francisco this week, reflecting a 30% recovery compared to the previous week. The palmer variety also experienced a price increase, but to a lesser extent than Tommy. On average, this variety traded for R$ 0.51/kg in the region this week, an increase of 28%.
Agents expressed optimism about future price movements, predicting a gradual decrease in supply from northern Minas Gerais and São Paulo in the coming weeks.
These trends are likely to continue in the coming weeks, with production of both varieties expected to continue to decline. This limited supply, coupled with steady demand, suggests that prices for both Tommy and palmer mangoes could remain stable or even rise further as we move into the holiday season.
What factors caused the recent dip in Tommy Mango prices?
Let’s talk about the recent fluctuations in Tommy Mango prices. Joining us is agricultural economist, Dr. Melissa Green, who specializes in tropical fruit markets.
Dr. Green, welcome to the show.
**Dr. Green:** Thank you for having me.
**Interviewer:** We’ve seen headlines about Tommy Mango prices bouncing back after a dip. Can you tell us what’s behind this recent volatility?
**Dr. Green:** Absolutely. The Tommy Mango market, like many agricultural markets, is susceptible to various factors. We had a couple of weeks where prices saw a decline, likely due to a combination of increased supply hitting the market right as demand softened slightly.
However, it seems the market has self-corrected, with prices rebounding as supply and demand find a new equilibrium.
**Interviewer:** Is this kind of fluctuation typical for Tommy Mangoes, or is this something more unusual?
**Dr. Green:** Some degree of price fluctuation is normal in agricultural markets. Factors like weather patterns, harvest cycles, transportation costs, and even consumer preference can all influence pricing.
**Interviewer:** What can consumers expect for Tommy Mango prices moving forward?
**Dr. Green:** It’s always difficult to predict market trends with absolute certainty. However, based on current indicators, barring any unforeseen circumstances, I’d expect prices to remain relatively stable in the near term.
**Interviewer:** Dr. Green, thank you for shedding light on the Tommy Mango market for us today.
**Dr. Green:** My pleasure.