The summer started under pressure from substantial incoming Peruvian shipments and an excess of small-sized fruit from Kenya. Prices followed their seasonal fall in June, yet never fell below average; indeed they rapidly reversed the trend! Although the overall supply remained greater than in previous years (large volumes from Peru), July was marked by the return to a more moderate supply (South Africa rapidly winding down) and by lively demand, which caused tensions in particular for small-sized fruit (18-20). The volumes available were rapidly absorbed, and prices started to climb to record levels for the season. In August, the rates continued to strengthen, as the decline of the summer supply intensified and the early-arriving first batches from Mexico and Chile were moderate.
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