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Weird: Yesterday I read a story about the collapse of Colombia’s coca market Fentanyl, cartels or simple market glut: what’s behind collapse of Colombia’s coca
by labrador 3y ago
Weird: Yesterday I read a story about the collapse of Colombia’s coca market
Fentanyl, cartels or simple market glut: what’s behind collapse of Colombia’s coca market?
https://www.theguardian.com/world/2023/sep/13/colombian-coca-market-collapsed-cocaine-precursor https://www.theguardian.com/world/2023/sep/13/colombian-coca...
- InSteady 3y agoFrom the guardian article you cite: >About 400,000 households depend on the coca crop to get by, but in departments such as Cauca in central Colombia the price for coca base – the first step in the production of cocaine – has almost halved from £0.60 ($0.75) a gram to about £0.35. As mentioned in this BusinessInsider article, the Columbian government has moved away from targeting growers and is instead targeting labs and exporters. Seems like a simple supply and demand problem that is hitting the small farmers.