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Heavy rains likely to raise banana prices in Ecuador
date:Sep 25, 2012

Ecuador Bananas, the worlds most traded fruit, are getting more expensive after Latin American rains that were 60percent above normal in Ecuador curbed output.

Exports from Ecuador, the worlds biggest shipper, may drop 10percent this year, said Eduardo Ledesma, executive director of the Ecuadorean Banana Exporters Association. Rain damaged crops especially in Los Rios, the top producing province, he said.

While Ecuadors export prices have dropped 16percent from a record in March, they still a

12/22 11:35