International Spice Commodities Update – Tahitian Vanilla

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Tahitian Vanilla

Vanilla from French Polynesia still enjoys it’s elite status and with the diminished presence of PNG gourmet vanilla, demand and prices for Tahitian vanilla are on the upswing.  Prices have already exceeded $200.00 (€149.43, £127.49) per kilogram for grade A vanilla this season.  Production will be lower this year compared to last year and it is unlikely to exceed 25mt.

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