Madagascar to Export 1,700 Tons Vanilla in 2012, l’Express Says

Madagascar will probably export as many as 1,700 metric tons of vanilla in 2012 compared with 1,500 tons a year earlier, l’Express de Madagascar reported, citing evaluations from officials it didn’t identify.

Growers are paid 5,000 ariary ($2.21) for each kilogram (2.2 pounds) of fresh vanilla, the Antananarivo-based newspaper said on its website today. The price would rise by September, it said.

To contact the reporter on this story: Kamlesh Bhuckory in Port Louis at kbhuckory@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.