Information for fruit and vegetables business in CIS
Peach prices start growing in Ukraine
Peach prices started growing in Ukraine this week, according to Fruit-Inform. An increase in prices was registered in the domestic produce segment due to a seasonal decrease in supply of middle-season varieties. The majority of Ukrainian growers have already finished sales of middle-season peaches and raised prices of late varieties.
Last week growers' prices of peaches varied between UAH 3-10/kg (EUR 0.28-0.94/kg). Now farmers are ready to ship produce at no lower than UAH 6-10/kg (EUR 0.56-0.94/kg).
Despite higher prices, the demand for peaches is stable, according to growers. However, farmers still are not able to raise prices above those levels due to availability of Moldovan produce in the Ukrainian market, which is offered at UAH 8-10/kg (EUR 0.75-0.94/kg).
Due to higher production, prices of Ukrainian peaches are now a third lower compared with early August 2012, when produce was shipped at UAH 10-15/kg (EUR 0.94-1.41/kg).
The current season has also started relatively earlier: first peaches were harvested in late June; and farmers plan to finish the peach season in 2-3 weeks.
More information about current developments and future prospects in the Ukrainian and Russian fruit and vegetable markets is available for subscribers of Fruit-Inform Weekly service package.