English English Japanese Japanese

Exporters Holding Their Hand

This month exporters in Sambava have started to withhold prices until January and February, choosing to say they “aren’t ready” with all their stock – and so horde beans until they hope the price will have gone over $500 a kg in early 2017.

There is no commodity like vanilla, an this year looks to be the most interesting year in the history of the spice’s market.

Driving toward a payoff or a freefall – 2017 shall tell.