kasa_balavu
Yaqona Dina
Kava prices in the Suva market have dropped by as much as 50% since late last year. The drop is attributed to domestic oversupply as a result of the covid19-related crash in export demand.
The price of one kilogram of kava has dropped by almost fifty percent due to a decrease in demand from international markets and local consumption.
FBC News visited the Suva market and discovered that a kilogram that would’ve cost you as much as $150 late last year, is now being sold at $70 to $50.
Sakiusa Sorovi a vendor who has been selling for twenty years say they have no choice but to reduce prices in an effort to clear stock.
Sorovi says he never faced such a downturn.
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Vendors have attributed the drop in kava prices to the impact of COVID-19.
Major drop in kava prices
www.fbcnews.com.fj