Indian Cavendish Bananas has reached highest sourcing rates

Indian Cavendish Bananas have reached the highest annual farmer sourcing rates of all times. Additionally, increased freight to all middle east destinations is a concern for buyers looking to place orders. Indian Cavendish Bananas CIF rates for 13.5 kg net weight box of size 4,5,6 in December 2021 used to be USD 7.50 (CIF Jeddah, Dammam)
while in 2022 February, the price has risen to USD 11 per 13.5kg box to the same destination port. Banana rates have increased by almost 47% within just 2 months.