Cheaper Thai PJC suppliesThis article was originally published in Foodnews
THAI pineapple juice concentrate prices are continuing to fall slowly, according to a source at this week’s World Juice 2011 conference. The latest prices are in the region of around USD1 850 per tonne cfr Europe. It is thought that these prices will steal business from Costa Rica, even though Thailand’s Cayenne variety of pineapple is not as highly prized as Costa Rica’s MD2. The chief worry for processors (and, down the line, customers) is that new legislation in Thailand has mandated a steep increase in the minimum wage which will impact on processors’ costs.