Cryptocurrency Q&A
How valuable is vanilla?
How valuable is vanilla?
TopazRider
Thu Nov 14 2024
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6 answers
1504
I'm curious about the value of vanilla. Is it considered a precious or valuable ingredient in the culinary world? How does its value compare to other spices or flavorings?
6 answers
SamuraiWarriorSoulful
Fri Nov 15 2024
The drastic increase in price can be attributed to two devastating cyclones that occurred in 2011.
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EnchantedSky
Fri Nov 15 2024
These cyclones caused extensive damage to the vanilla crops growing in Madagascar.
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CryptoMaven
Fri Nov 15 2024
The price of Madagascar vanilla experienced a significant surge in 2021.
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SamsungShiningStar
Fri Nov 15 2024
According to Salina Wamucii, the price per pound ranged between $178 and $201.
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Raffaele
Fri Nov 15 2024
As a result, the supply of Madagascar vanilla was severely affected, leading to the sharp rise in prices.
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