Madagascar cyclone drives vanilla prize rise

EXPENSIVE TREAT: Vanilla lovers could need to rethink their favourite flavour.
EXPENSIVE TREAT: Vanilla lovers could need to rethink their favourite flavour.

Ice-cream makers are facing a few cold truths heading into the chilly months, with skyrocketing vanilla prices adding to winter woes.

At around $600 per kilogram the sweet ingredient has surpassed the price of silver, putting producers of the delicious treat in a sticky situation.

A cyclone in Madagascar last March is the main culprit of the price rise, with damage to vanilla plantations causing a ripple effect for the ice-cream market.

Madagascar is the world’s primary supplier of the pods, which are used to flavour ice cream, cakes and chocolate.

With ice-creameries overseas currently taking vanilla off the menu, here’s hoping the market forecast is a little warmer come summer.

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