date:Apr 05, 2012
y on the unaffected crop from Madagascar knowing it now has a virtual monopoly on it.
It is understood that around 40 per cent of the world supply of black vanilla around 1,000 tonnes was recently shipped out of Madagascar following a sudden jump in orders.
In just two months the global price of vanilla has risen from around 25 dollars per kilo to between 35 and 40 dollars.
With summer coming up, everyones talking ice cream. But in reality, the consequences of this shortage will run a lot de