Market competition intensifies as banana supply in Myanmar starts early

Recently the banana market has been quiet. There were no large price fluctuations in the production areas. However, in some production areas the market has grown weak, for example in Guangxi and Yunnan. Cold weather in Guangxi recently attracted the attention of the banana industry, but the influence on banana production in Guangxi seems limited.

Banana supply from Yunnan, Laos, and Myanmar will gradually increase in the near future. Market competition also grows more fierce. The market for winter bananas is about to open. The gap between top-quality and mediocre products grows wider and the price difference follows. This will end the previously quiet and stable development of the Chinese banana market.

Source: ncw365.com


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