date:Jul 28, 2020
weeks. It has declined significantly in the last month, about a week after Memorial Day (May 31), said a trader. In the summer months, people typically eat less bananas and switch to melons and summer fruit. Another trader also gets much of their volume from Mexico.
Due to the oversupply, the price for bananas is significantly lower than a few months ago. Prices have actually not risen during the coronavirus pandemic, even though the demand increased. Due to the current oversupply, many bananas