China is now a`surplus banana' republic

Dec 4, 2009 - Commodities Online

Bananas are flooding Chinese markets thanks to several provinces producing huge quantities at the same time and wholesale prices have tanked, according to Frbiz.com, one of China's leading B2B search platforms. Now is the banana harvest time, however, as one of the main producing areas, Guangxi province has suffered a rare banana overstock situation. As the main product ... read more...