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Prices of Taiwan's bananas drop to their lowest in 10 years

According to the news from Taiwan media, on May 31st, the price of bananas in the south of Taiwan is only 1 NTD per kilo(1 NTD equals to 0.2 RMB). The price of bananas has fallen from 110 NTD per kilo last year to 6 NTD per kilo, which makes this year the most miserable year in the last 10 years. Huang Junhao, a banana grower in Zhuqi said that, normally, the lowest price of summer bananas appears in July to September. However, summer has just started and the price has already dropped . In particular this year, the production volume of summer bananas is lower than that of last year. A price collapse is expected. 

The cultivation base of Taiwan bananas

Source: The first watching in Hong Kong and Taiwan

Publication date: 6/5/2018


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