Due to the high demand for commodities
, it is estimated that prices in the international market have increased on average between 30% and 40%, a situation that favors Nicaraguan exporters
of raw materials.
According to local businessmen, the price of coffee has climbed to historic highs, since last week it was quoted at $170 per quintal, a price that has not been registered since years ago.
In this context of economic crisis and recovery of production, agents have continued to trust in gold and have sheltered their investments in this precious metal. As a result, the price has been pressured upwards.Guillermo Jacoby
, president of the Association of Producers and Exporters of Nicaragua
(APEN), told Laprensa.com.ni that "... in the coming months exports could continue at this pace, because there has been an increase in commodity prices, i.e. an increase in primary products, worldwide. 'They are between 30 and 40 percent above previous prices, there has been a great demand'.
Regarding what can be expected for the coming months, Jacoby added that "... 'there is a demand for the products Nicaragua exports and I don't think international prices are going to stay high next year, I think this is a post-pandemic rebound effect'.
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