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Banana prices could drop to 10 cents
Posted On 22 Oct 2015
During the last meeting of the negotiating table of bananas, trade leaders of that sector would have agreed to bringe the price down to 10 cents a box. The current price is $ 6.55.
The final decision to low the price to $ 6.45 the box of banana lies on the ministers. Yesterday, Diego Aulestia, Foreign Trade Minister, met with representatives of the exporters (not only those of the negotiating table), but only merely received the information. They seek to reduce the price of the box to $ 6, since they will not wait until Russia, the main market of Ecuador, has a significant recovery in 2016.
Source: http://expreso.ec/expreso/plantillas/nota.aspx?idart=8573528&idcat=38269&tipo=2