September 5 2011, 15:14 Fruit-Inform

Fruit and vegetable prices continue to fall in Ukraine

Fruit-Inform Project's fruit and vegetable index shows that fruit and vegetable prices decreased by 2.9% in Ukraine last week. Moreover, the price decrease rate amounted to 16% over the past three weeks. In general, the price reduction trend is in effect in Ukraine since the mid-May of the current year. Furthermore, this season is characterized by absence of seasonal price leaps.

“Start of harvesting of late onions and potatoes as well as increase in supply of field-grown tomatoes were the main reason to favor slump in fruit and vegetable prices”, Tetiana Getman, Head of Fruit-Inform Project, says. “Next week the market operators' attention will be mainly attracted to onions, potatoes, carrots, white cabbages and red beets, demand for which will be growing”, the expert adds. It should be noted that fruit prices grew slightly last week due to higher wholesale prices for watermelons. Nevertheless, such a fact was partially compensated by lower wholesale prices for table grapes in Ukraine.

We would remind you that more detailed information about the weekly price situation in the Russian and Ukrainian markets for fruits and vegetables, the history of prices over last 5 years and forecasts of their changes as well as full production, import and export statistics is available for subscribers of Fruit-Inform Weekly. Also the detailed fresh produce production, trade and price forecast for Russia will be presented during 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.