After three years of crop failure, it looks like this year we should witness a reasonably good crop.
There were about 4 months of extreme summer, with temperature touching almost 40 degrees Celsius. Thereafter, rains have started past one month. This could be an ideal situation for a good crop.
In a month or so, we should start getting fresh arrivals.
Crop is localized, to the extent that while one village has harvest, the adjacent one does not have one. Hence, it is difficult to say at this point what will be the total crop. And for sure the levels will not go down to that of 2020.
Price indication around U$ 9,500
Soumen
Pt. Mahalaya Agri Corp
Surabaya, Indonesia
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