September 5 2011, 13:58 Fruit-Inform

Apple juice concentrate prices decrease in Russia & Ukraine

According to Fruit-Inform Project, apple juice concentrate prices started decreasing in Russia and Ukraine last week. As of September 2, 2011, prices fell to 900 euro per tonne that made processors reduce purchasing prices for raw apples.

According to the market participants, the final understanding of the situation in the market will be possible only since the appearance of Chinese apple juice concentrate made of apples of a new harvest (October-November of the current year). For the present, rather high prices for apples against a background of relatively high apple production in Europe make manufacture of juice concentrate a rather risky kind of business.

At the same time, apple suppliers positively react to the purchasing price level varying within UAH 1.00-1.20/kg (EUR 0.09-0.11/kg). Such a price level is profitable even for industrial enterprises to harvest fruit drop and supply such fruits to processors together with sorted ungraded apples.

More detailed information about developments in the Russian market for apples and other fruits and vegetables will be presented specially for participants of the Fourth International Conference “Fruit & Vegetable Business of Russia – 2011”. The event will take place in conjunction with World Food Moscow, September 14, 2011. Registration of the conference participants is currently in active progress.

As to the Ukrainian fresh produce market, the up-to-date information about it will be presented at the Eighth International Conference “Fruits & Vegetables of Ukraine – 2011. New Exporter” which will take place during Fresh Produce Ukraine 2011 Fair, Kiev, November 30 – December 2, 2011. Discounts for registration of participation in the conference are in effect till October 1, 2011.