The price of banana at risk as proposed economic benefits may affect the supply and costs star-news.press/wp

Immediately when consumers expected some Relief on egg pricesBananas could be the next victim.

American Fresh Fruit Market deals with pricing as proposed port fees threaten to disrupt Banana supply chain – Putting customers in the cross more Another price grip.

Down PLC (Down+ 1,67%), The largest US supplier Banana, warns that the proposal of the U.S. representatives to express a fine of millions in Chinese freight ships could disrupt the supply of banana. Plan would use funds from fines – to $ 1.5 million – on ships built in China or those with Chinese boats.

Jared Gale, the main legal officer Dolea, said the plan would not only seriously influenced American trade in fresh fruit, but also by squeezing consumers. He added that the proposal will target small, refrigeration boats key to banana transport from tropical regions in the USA

Down is currently working 13 Specialized Shipsincluding Four built in China. Gale noticed that Chinese fleets were purchased when the USA alternatives were not available. China now manufacturers 50% of world cargo shipsSharp growth of 5% in 1999. year, according to the representative of the US Trade (U.S.). If fees, increased operating costs are likely to be transferred to consumers in the form of higher prices.

Target Brian Cornell Director General recently stated the tariffs would force the company Increase prices on popular items Like bananas, strawberry and avocado.

Those potential impressions on prices come just like consumers are still found Egg prices – high eggs. After the month of unprecedented price increases, the egg prices in March will suddenly drop in March, thanks to smaller bird flu epidems, weaker demand and increased offer. However, this falling price will not be felt at the billing counter for another month due to a typical four-week server for eggs.

Bananas, but a product of low margins, cannot be grown in a scale on a scale. They travel over 1,100 miles from a place like Costa Rica to American ports, primarily through the locations of east coast like Florida and Houston. In 204. October, a large American port strike pushed bananas into greater price discussions.