Xenophobia and the FRESH PRODUCE market – 10 Sept 2019
FRESH PRODUCE thought of the week:
The transport strike last week resulted in lower volumes and most prices to increase. However, the recent Xenophobic attacks mean that there is lower demand from hawkers, most residing from neighbouring countries. Although the lower volumes helped for some upward movement of prices last week, lower demand this week is keeping this upward movement in check.
These attacks are thus impacting directly on the profitability of our local producers and must be dealt with in a quick and efficient manner.
Make sure to listen to this week’s FRESH PRODUCE outlook (published: Wednesday 11 September) and to subscribe to the WEEKLY Report to see the impact on Fresh Produce prices.