Looking at the fruit markets, the banana price broke through upper resistance levels the past two week and increased by 8% the past week to R9.31 per kilogram. The class 1 hands large price also traded higher on Nile.ag last week and increased to R230 per 18kg box which is mostly driven by lower supplies. Supplies are about 33% lower year on year with the price 69% higher. This price might decrease slightly over the short term, but will most likely remain in its upward trend until the end of the year.

Apple prices decreased to R9.49 while pear price increased to R9.77 per kilogram last week with both these prices likely to stay in an upward trend for the rest of the year.

The latest orange price increased by 3% to R3.56 per kilogram, which is 43% higher year on year and can be due to volumes that is 11% lower compared to last year. We are expecting this price to gain significant momentum from the end of September.

Avo prices decreased to R17.34 last week and can also gain some momentum due to higher export prices and lower supplies locally. The Table grape price traded lower on R59.14 with the pineapple price 7% lower on R6.09 per kilogram last week.