We just launched a new page, which will contain an up-to-date, weekly update of the current (Rose) production in Ecuador. We are constantly speaking with the leading farms in Ecuador to obtain a comprehensive situation of the market, so all wholesalers can accurately inform their retail clients of what’s going on at farm level. However,[…]
For about the last three weeks, Ecuador has been experiencing much colder than normal temperatures, in addition to having many cloudy days and lots of rain. All these things combined have resulted in a further decrease in production cycles and therefore the number of stems that are harvested daily is also considerably down from normal[…]
Last week, Ecuador raised its Sales Tax from 12% to 14%. Although the Ecuadorian President “sold” this to the people of Ecuador as a direct measure to help overcome the terrible losses of the recent earthquakes, the long-term result will undoubtedly be an inflation increase in the country which will affect everybody. The cost of the materials[…]