The price of bananas in Myanmar has fallen, and the supply has continued to decrease

Currently, in the Hainan banana production area, the mainstream price of high-quality products is around 3.2RMB/kg. Since the price of bananas fell, at present, the market has stabilized and there is an upward trend. Affected by typhoon "Siamba", bananas in some production areas in Hainan were damaged to varying degrees, and there were many bananas with problems. Some growers reported that even though the typhoon had little impact on banana orchards, the delivery of fruits was slowing down.

At present, the price of high-quality products in Hainan production areas is rising, and customers are highly motivated to place orders. But the problem is that the quantity is small. Some producing areas had already cut all the bananas before the typhoon hit. According to growers, in some production areas, the bananas are too low-quality to sell, and they can only wait for 3-5 days to be harvested after high temperatures. It is understood that some merchants have no inventory in their hands. If they can't receive bananas, they can only be forced to close for a few days.

The order price of high-quality bananas in the Guangdong production area is about 2.7RMB/kg, and the loading price is about 2.4RMB/kg. Due to the influence of the typhoon, most of the merchants are currently concentrated in the western region of Guangdong, and the supply of high-quality products exceeds the demand. Some merchants report that it is difficult to find bananas recently. The high-quality bananas in Yangjiang today are around 2.2RMB/kg. Due to the rain, the market transactions were slow. Some time ago, the high temperature led to a lot of low-quality bananas, which led to limited sales.

In terms of imported bananas, the price of bananas in Laos is stable. High-quality products are about 2.5-4.0RMB/kg, and medium-quality ones are about 1.8-2.4RMB/kg. The price of bananas in Myanmar production areas has dropped, and the volume of products has become less and less. On average, more than 20 banana trucks are cleared through customs every day. Some agents reported that the mainstream price of high-quality products dropped slightly, about 2.6-3.1RMB/kg, and the medium-quality products were about 1.8-2.5RMB/kg.


Publication date:

Receive the daily newsletter in your email for free | Click here

Other news in this sector:

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber