On-the-Ground Updates

Indonesia exporters struggle to keep vanilla prices competitive

Vanilla
Indonesia
Market & Price Trends
Paul Loemaksono
Published Oct 14, 2021
Vanilla prices in Indonesia dropped due to weakened market demand. The price of bourbon-type Vanilla from Madagascar is lowering, and exporters/traders in Indonesia are also trying to follow this trend by keeping an attractive price for vanilla. Exporters are pressured to require lower prices from growers/collectors for both tahitensis and planifolia varieties.

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