The cost of bananas from the Philippines has shot up, but farmers are struggling with losses, so where is the money from consumers going to, ultimately? The series For Food’s Sake! investigates.
Derrick A Paulo and Anna Tolentino Channel NewsAsia 1 Dec 18;
DAVAO, Philippines: Of all the types of bananas his family’s fruit business sells, the Philippine Cavendish variety is the most popular, owing to its appearance.
“They look almost perfect. There are fewer blemishes and fewer scratches, compared to the Malaysian ones,” said retailer Ben Phua. “Malaysian bananas have black spots.”
Those spots are actually sugar spots and thus equate to sweeter bananas, but “not many consumers are willing to accept the look of the bananas”.
The price he pays for the Cavendish variety, however, has gone up by 25 per cent in the past three years. That works out at around 50 cents more per kilogramme, which is passed on to customers.
The reason for the hike is a fungal disease – one that all banana growers fear – which struck the Philippines hard in 2015 and has since wiped out plantations.
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