Fairtrade announces hike to minimum banana price

price
FinanceNews

Fairtrade UK has announced an increase in the minimum price for bananas to support farmers’ livelihoods and promote sustainable pay in the supply chain.

The new prices will increase by between 4.6% to 6%, dependent on the country of origin, which is part of Fairtrade’s commitment to bringing in sufficient wages for employees globally.

Silvia Campos, senior advisor, banana, at Fairtrade International said: “Banana producers across main exporting countries are echoing the need for sustainable farming practices and fair pricing for securing the economic viability of banana production.


Subscribe to Grocery Gazette for free

Sign up here to get the latest grocery and food news each morning


“Achieving sustainable livelihoods for farmers and workers is at the core of Fairtrade’s mission. Fairtrade’s Sustainable Banana Offer provides all actors in the supply chain a holistic approach to do their part.”

The change is set to come into effect at the start of January 2026. Additionally, the Fairtrade UK group is calling on eligible members in the supply chain to ensure that sustainable and fair wages are a part of the industry.

FinanceNews

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.

FinanceNews

Share:

Fairtrade announces hike to minimum banana price

price

Fairtrade UK has announced an increase in the minimum price for bananas to support farmers’ livelihoods and promote sustainable pay in the supply chain.

The new prices will increase by between 4.6% to 6%, dependent on the country of origin, which is part of Fairtrade’s commitment to bringing in sufficient wages for employees globally.

Silvia Campos, senior advisor, banana, at Fairtrade International said: “Banana producers across main exporting countries are echoing the need for sustainable farming practices and fair pricing for securing the economic viability of banana production.


Subscribe to Grocery Gazette for free

Sign up here to get the latest grocery and food news each morning


“Achieving sustainable livelihoods for farmers and workers is at the core of Fairtrade’s mission. Fairtrade’s Sustainable Banana Offer provides all actors in the supply chain a holistic approach to do their part.”

The change is set to come into effect at the start of January 2026. Additionally, the Fairtrade UK group is calling on eligible members in the supply chain to ensure that sustainable and fair wages are a part of the industry.

FinanceNews

Social

SUBSCRIBE TO OUR DAILY NEWSLETTER

  • This field is for validation purposes and should be left unchanged.

Most Read

Most Read

FinanceNews

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.

RELATED STORIES

Latest Feature

Menu

Please enter the verification code sent to your email: