Vanilla crime wave hits Madagascar after cyclone spikes prices
Published time: 23 Aug, 2017 14:52
The price of vanilla, Madagascar's largest export, has risen in recent months after storm damage and growing demand for the natural extract squeezed the market.
Since 2015 the price of the spice has soared from $100 per kilogram to "a never-before-seen peak of between $600 and $750 a kilo," according to Georges Geeraerts, president of Madagascar's Group of Vanilla Exporters.
https://www.rt.com/business/400654-vanilla-price-bubble-madagascar/
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