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New Decree Sets Weight and Price Reform of the Banana box
Posted On 17 Feb 2012
Ecuadorian Agriculture Minister, Santiago Leon said yesterday he issued a new decree -the No. 017 – on Wednesday after correcting the error in the previous agreement. This new decree keeps the current banana box price, but modifies the weight.
In the previous paper the banana box of 43 pounds was set at $ 5.50, when in fact it should contain a box with a weight of 41.5 pounds, said Leon yesterday. Thus producers will not be harmed, said the official.
Those with sale contracts will have to sign addenda in the following days. (LO)