Due to a pandemic, 19 municipalities in Puebla have halted vanilla exports

Published 2020년 7월 7일

Tridge summary

The Covid-19 pandemic is negatively impacting Mexico's vanilla export industry, particularly in Puebla where 90% of the plantations are sold to international buyers. These buyers, including France, Germany, Poland, the US, Canada, and Japan, have stopped consumption, leaving 520 producers in 19 municipalities with 20 tons of vanilla worth 17,000 pesos per kilogram. The lack of export activity is causing concern as vanilla is a perishable crop that requires processing or it loses quality. While there is a commitment to pay the agreed amount, producers are unsure of when exports will resume. The French company Cazadores de Sabores is one of the companies that purchases vanilla from the sector.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

MIGUEL HERNÁNDEZ. THE ECONOMIST. The president of the National Vanilla Product System Committee, Bertin Pintle Zepeda, admitted that the Covid-19 pandemic is affecting the countryside, especially those that export and that it cuts off a positive trade streak. Photo EE: Hugo Salazar. Puebla, Pue. France, Germany, Poland, the United States, Canada and Japan, the main buyers of Puebla's vanilla, to which they are selling 90% of the plantations because they pay up to 50% better per kilo, stopped consumption since June as a result of the Covid-19 pandemic. Bertin Pintle Zepeda, president of the National Vanilla Product System Committee, commented that this situation worries the 520 producers in 19 municipalities, who are seeing a streak in exports to these countries, which dates back to 2015, indicated that there are more than 20 tons that they have in the warehouse with a value of 17,000 each kilogram, while in Mexico they hardly want to pay less than half this raw material, therefore ...

Source: Inforural