date:Nov 08, 2018
As expected, preventing potential loss of competitiveness, the Ecuadorian authorities opted for only a slight increase of the official banana price for 2019. Next year box of bananas will have a minimal cost of $6,30 a mere $0,10 increase versus 2018.
However, $0,10 is not the only increase the industry is facing. The most significant one seems to be the cost of freight. Which comes from the fact that the price of oil just keeps climbing up.
Patrick Pouyanne, CEO of Total, spoke in an intervi