date:Aug 12, 2019
The demand for bananas in Europe and the United States is low during the summer. However, due to the low volumes available, especially in South America, stocks are limited and trade prices have remained stable. The low production in Latin America is mainly due to the weather conditions. The impact of El Nio was particularly noteworthy. The demand for bananas is expected to increase again when the summer holidays come to an end. Production is also expected to increase again by that time.
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