Economic prospects for Chile and the D'Agen plum

Published Mar 3, 2023

Tridge summary

Juan Pablo Subercaseaux, a expert in the fruit industry and economist from P. Universidad Católica de Chile, predicts that the dollar exchange rate in Chile will rise to around $1,000 pesos in the next 24 months due to higher state debt interest, reduced investment, and changes in copper values and interest rates. This could potentially benefit exporters. Subercaseaux also discusses the economic uncertainty and labor availability in Chile, as well as the fluctuating prices and availability of fresh plum exports to China. He will be speaking at the 10th EXPO Dried Plums event organized by Chileprunes in late March, which aims to bring together various stakeholders in the industry to discuss commercial and technical aspects and consider the future of the sector.

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

Original content

The fruit grower and economist from the P. Universidad Católica de Chile, Juan Pablo Subercaseaux and who will be one of the speakers at the 10th. EXPO Dried Plums, organized by Chileprunes, anticipates what is coming for the industry in the short term. One of the most relevant macroeconomic elements, for the entire export and import industry, is the projection of the exchange rate, advances the speaker of the event that will take place this Wednesday, March 22, at the Monticello events center, in the VI Region , meeting point for Chilean plum growers. Regarding the price of the dollar, which currently stands at over $800 pesos, Juan Pablo Subercaseaux envisions a rise in 24 months, which will place it close to $1,000, which will benefit exporters. This forecast is based on the higher interest on State debt, less investment, more "normal" copper values and due to the effect that changes in interest rates would have, where the United States is on the rise and Chile, which today has ...

Source: CLportalagro