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Will mango consumers continue to opt for the Peruvian product if prices continue to rise?

The director of BeeFair Organic Peru, Yesy Lalupu, stressed that the current production shortage has led producers to focus on maximizing their income, prioritizing the harvest of mango that is exported by air, which is paid at almost twice the price as the mango that is shipped out by sea.

According to Lalupu, there's a "price war" in the field, with daily increases of up to $0.15 - $0.20 per kilo, cash payment conditions in an increasingly "insecure" environment, and no assumption of responsibilities in terms of quality.

The specialist raises questions about the market's effective response to these prices, the possible continuation of the increases, the assessment of the quality, and the liquidity capacity to sustain programs with prices that have doubled.

"Exporters are risking a lot, especially with a product that has many substitutes; if mango becomes too expensive, many people will opt for other cheaper fruits such as bananas or apples. We can't forget that people in other parts of the world are also having economic problems," he added.

Lalupu highlighted the importance of reflecting on one's own risk, especially in an environment with fixed costs and investments to develop the field, in a free market based on supply and demand.

She concluded by expressing hope that the market would respond positively and that shipments from exporters would generate confidence in customers and consumers.

Source: agraria.pe

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