Lime Price Hike Hits Restaurants

The high price of limes and a shortage of shrimp will affect the Nayarit restaurant sector, but restaurants will not raise prices, National Chamber of Restaurant and Food Condiments Industry President Carlos García Jiménez said on Wednesday.
In an interview in Tepic, García Jiménez said that the problem is affecting the economy of the sector, due to the fact that lime has a widespread use in the Nayarit diet mainly composed of seafood.
We’ve seen figures from other states where the price of limes has even quadrupled.
Now it is 63 pesos ($4.75) a kilogram here,” he said.
Mexico’s limes are principally grown in Michoacán, and a spike in violence in the Western state over the last year has resulted in a corresponding spike in prices.
Apart from these questions, García Jiménez said that the price of food on menus has not risen, due to the fact that there are different varieties of limes that are more accessible and that the price margin allows for this type of problem to be mitigated.
Reports from Tabasco say that limes cost as much as 63.90 a kilogram, whereas before the price was stable at 50 pesos.
Tabasco Federal Consumer Protection Agency (Profeco) representative Máximo Moscoso Pintado said that lime’s price hike is due to a mix of two factors: a recent freeze in the north that damaged many crops, and the so-called “coyotes” that transport the lime and have increased their costs.
García Jiménez said that Nayarit restaurant owners’ biggest worry is the lack of shrimp and its price, as low harvest amounts have been chalked up to the “white blotch sickness” affecting shrimp and, more recently, the closed season, which is instituted annually to avoid over-harvesting.
He said that the price of shrimp has reached as much as 185 pesos a kilogram, high compared to other seasons when it has cost anywhere from 95 to 30 pesos, depending on size. “The price of shrimp doesn’t decrease, in spite of there being producers, as we also have farms and estuaries.
García Jiménez said that, with the imminent arrival of Holy Week, he hopes that shrimp prices maintain and that the shrimp farms increase their production during March.
Source:THE NEWS

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