Strong rand is bad news for South African traders

Strong rand is bad news for South African traders

SOUTH Africa’s pears are looking healthy as the processing season approaches, but currency concerns are likely to afflict the produce’s competitiveness.

A local source said that the crop outlook is good, despite some unusual rain: “We have had good weather, but also awkward weather, with some rain early in the season. Overall it is OK, we are expecting to get what we need.”

Source: http://www.agra-net.com/portal2/home.jsp?template=newsarticle&artid=20017938745&pubid=ag005

Comments are closed.