Ecuadorian banana spot prices remained stable during W48, with a reference price of USD 8.8/13.5kg box and USD 10.85/18.14kg box FOB. Exporters and growers were expecting an active week but demand remained stable. Low inventory is preventing a decrease in price. The forecast is that by late W51 and W52, demand will increase after the holidays. FOB prices are forecasted to reach around USD 12.55/13.5kg and USD 15.85/18.14kg.
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