The ongoing threat of Houthi attacks on Red Sea shipping has forced shipping lines to reroute their vessels via the South African coast. With domestic produce already suffering from extreme weather, the cost of these fruits is set to rise. This longer route has increased transport costs by $2,000-3,000 per vessel carrying 21 tonnes of apple, resulting in a higher landed cost. “If you do the maths, the cost of apples is now Rs 200-220/kg, higher by Rs 18-20/kg as compared to last year,” Karvat explained. He also anticipates a rise in orange prices, with oranges from Egypt meeting the domestic need due to quality issues with local produce.

Source: Indian Express February 13, 2024 13:31 UTC