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Fruit Juice Matters

06/09/2016 18:15:25
Tropicanas bold shift to PET

21/08/2012 11:23:00
Shrinkage in the supply

27/09/2010 15:26:00
Changes Boost Consecitrus

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* Laranja madura

11/09/2009 09:31:00
Global Inventories of Brazilian Orange Juice in December 31, 2015



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 COMMITMENT TO TRANSPARENCY 

The Brazilian Association of Citrus Exporters (CitrusBR) in compliance with its commitment to transparency announces the following information: 

AUDITED AND PROJECTED INVENTORIES: 

1- The survey conducted by independent auditing firms with each of CitrusBR associate member companies and consolidated by external auditing ascertained that global inventories of Brazilian orange juice, converted into frozen and concentrated orange juice equivalent to a brix value of 66 degrees (FCOJ equivalent to 66 Brix) at CitrusBR associate members’ facilities in December 31, 2015, amounted to 728,865 tons. This volume indicates a decrease of 273,173 tons (-27.3%) in comparison to the 1,002,038 tons existing on the December 31, 2014. 

2- A study also carried out by an independent auditing firm, upon request of CitrusBR, with its associate member companies indicated that, on June 30, 2016, global inventories of concentrate orange juice equivalent to 66º Brix are expected to be 292,385 tons. 

This projection, if confirmed, will represent a reduction of 218,008 tons (-42.7%) in comparison to the 510,393 tons of FCOJ equivalent to 66 brix at CitrusBR associate members’ facilities on June 30, 2015, as already informed to the market. 

3- The table below provides the historical data of physical inventories at CitrusBR associate members’ facilities on December 31 and June 30 of each season, as well as the projection for the inventory at the end of the 2015-2016 season, as follows: 


 ORANGE PROCESSING IN THE 2015-2016 SEASON: 

1 – By virtue of adverse climate conditions that resulted in the delay of the 2015-2016 season, CitrusBR will inform the total number of boxes processed by the end of the current season, which might be extended for a few months. 

INDUSTRIAL YIELDS AND ORANGE JUICE PRODUCTION IN THE 2015-2016 SEASON: 

1 – The information compiled by the independent auditing firm indicated that, until January 2016, the average industrial yield of the 2015-2016 season was 299.14 boxes to produce one ton of FCOJ equivalent to 66 Brix. This is the worst industrial yield ever recorded. By reason of this season’s particularities, CitrusBR indicates a worsening trend in industrial yields until the end of this season. 

2 – Through the table below it is possible to analyze the historical data of industrial yields achieved by CitrusBR associate members in the last few years. It is worth mentioning that, due to adverse climate conditions and due to intense draught in the first semester, part of the production was affected by a phenomenon called Fruit Sugar Crystallization, resulting in a decrease of juice extraction and consequent reduction in industrial yields. In the second semester of 2015, however, a reverse phenomenon was observed with the excess of rain volume, increase in the amount of water in fruits and consequent reduction in industrial yields. 


São Paulo, February 15, 2016 

Ibiapaba Netto 

Executive Officer