GOOD MORNING
TWO WEEKS AGO MEXICO WAS HIT BY A HURRICANE WHICH DAMAGED THE ALLSPICE PIMENTO
PRODUCTION AND EXPORT.
BELOW IS A BRIEF REPORTWE RECEIVED FROM ONE OF OUR SUPPLIERS.
ATTACHED SOME PICTURES
OUR BELIEF IS THAT PRICES WILL RISE FOR THE FUTURE CONTRACTS.
LAST PRICE INDICATION WE HAD BEFORE THIS EVENT WERE IN THE RANGE OF U$ 3,600 –
U$ 3,700 FOB
CONTACTS US FOR MORE INFORMATION
BRGDS
MW
manager@peppertrade.com.br
WHATSAPP: +5511988027709
I would like to comment that we have suffered a lost in the Allspice crop due to the entrance of Hurricane Grace to the main production area of Allspice.
Last August
21st, the hurricane Grace entered to the Mexican territory for the second time
to Veracruz, the first time was to Quintana Roo and Yucatan (affecting also the
production are of Tabasco with some strong rains); and these areas suffered
great material affectations because of the strong rains that have continued the
whole week and because of the hurricane winds (205 – 240 km/hr) that affected
all the areas, leaving the main cities and specially the small towns without
electricity for more tan 4 days, and also the communications (telephone and
internet) were very limited, and causing a lost of Allspice of 50 – 60%.
The floods
and the continuous rains are preventing us to continue drying, and as we do not
have enought electricity, the product we had in the warehouse is beginning to
go bad, for that reason we will require some days to review the situation of
the collection and drying to be able to offer again.
Thank you for
your attention and comprehension.
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1 comment:
FX Tanoto Tjendrawidjaya
THAT IS EXACTLY THE SAME THING HAPPENS IN MY COUNTRY, WHICH IS THAOUSANDS KILOMETER AWAY FROM MEXICO. EXTREME WEATHER HIT SPICE PRODUCER ISLANDS. HARD RAINS HITS DURING THE PEAK OF DRY SEASON. THIS WOULD MAKE ALL SPICE CROPS TOTALLY FAIL. FOR EXAMPLE CLOVE. ONLY AROUND 5% CROPS, WITH VERY BAD QUALITY.
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