Recently, banana prices in production areas have been higher in general. Mainly due to colder weather, bananas are ripping slower and volumes are small, and good supplies are sought after. Buyers were more cautious in making new orders during the middle stage, resulting in average movement speed and small pricing increases during this period. In the later period, buyers gradually increased, who wanted to stock up for New Year's Day and were also worried about the increase of volumes damaged by the colder weather. Orders increased, and the market this week has been good.
Among the production areas, prices in some are higher, and many traders are cautious in purchasing from these areas. Betting on higher prices in a later period, farmers are reluctant to sell. This week, good-quality volumes fly off the shelves even with high prices.
Source: ncwxjt