Madagascar Plays Hard Ball With Vanilla Prices

Insights

The government has set a minimum export price of $250 per kilogram, almost 50% over market value with no sign of supply shortages. “Flowering for the 2021 crop is already well underway, and although many hurdles remain, it is possible Madagascar will have back-to-back bumper vanilla crops in 2020 and 2021”. Read what's happening here.

Author: Food Business News