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South Africa: Booze-ban sees pineapple prices increase by 74%

“Pineapple prices increased significantly,” said Johnny van der Merwe, the managing director of  Agrimark Trends. This increase is credited to the alcohol bans. Pineapple prices increased by 74% at R7.32 per kilogram, week-on-week, volumes sold increased by 27% week-on-week.

This increase is likely because some South Africans have decided to become home-brewers, utilising the high yeast and sugary advantages of the pineapple to make alcoholic drinks.

Banana prices shot up by 11% to R7.37 per kilogram, apples steadied down and decreased to R6.77 per kilogram, while oranges took us on a whirlwind and increased to R3.09 per kilogram.

The lemon market, however, as van der Merwe expresses it, is still under pressure at R3.20 per kilogram.

Avocados on the other hand stayed calm, cool, and collected without increase or decrease at R16.07.

Source: www.capetownetc.com

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