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BREAKING NEWS
Ecuador will be able to recover from the strike in the second half of 2022
Ecuadorian Amazon loses 379,000 hectares of forest in almost four decades
Extra and eco gasoline prices at $2.40 and diesel at $1.75 are already in force in Ecuador
Ministry of Agriculture began the delivery of seeds, inputs and subsidized fertilizers up to 70%
Guillermo Lasso: ‘Now together we begin the task of transforming this peace into progress, well-being and opportunities for all’
Government and Conaie agree to end the strike after a tense morning
Ecuador asks Mexico for a response on bananas and shrimp
Losses in the non-oil export sector amount to $85 million in 16 days of strike
The Government withdraws from the dialogue table after the death of a soldier
Popular oil would arrive in stores from this week at prices ranging from $1 to $1.25

Banana Growers struggle with red tape and taxes

Posted On 17 Nov 2015

 

bananeros-ecuadortimes-ecuadornewsEcuador can export more bananas, “but for this is urgent that the fruit is competitive in foreign markets,” Eduardo Ledesma, director of the Association of Banana Exporters of Ecuador (AEBE), told to Daily Expreso. Gustavo Marun, president of the Regional Corporation of Banana Growers (Agroban) agree with that.

Taxes, the threat of El Niño and wage increases rise banana prices for producers who sell to exporters who sell abroad. And at the end of the chain, the Ecuadorian banana becomes more expensive than the competing countries.

 

But the two extremes of the banana industry do not agree at all. Producers, according Marun, demand that the official price set each year by the Government is respected. According to their complaint, a (unofficial) spot price coexists, which makes difficult the conditions of the producers. “In a 70% of Ecuadorian sales the spot price is negotiated,” says the representative of banana farmers.

 

The box of bananas can not be maintained at the same price the whole year because market conditions prevent it. Between January and April, the fruit price rose, but from March to October, coinciding with the fruit season of consuming countries, demand for Ecuadorian bananas fell and thereby the prices.
Source: http://expreso.ec/expreso/plantillas/nota.aspx?idart=8671395&idcat=38269&tipo=2

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Ecuador will be able to recover from the strike in the second half of 2022

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