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2018 Last Season Vanilla Export Prices expected to remain high

Grade A Uganda Vanilla Beans 17-19cm

Grade A Uganda Vanilla Beans 17-19cm

Nearly half way through the Madagascar harvest of green vanilla beans that runs from July to September, Green Vanilla Beans prices have reached $56 per kilo, 20 percent higher than prices at the start of the season on July 15.

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Once the vanilla is ready for export its price is eight to ten times higher than that of the green vanilla, meaning the export price is expected to be between $376 and $560 per kilo.

Original Article Published by Lovasoa Rabary on Reuters August 9, 2018

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