Information for fruit and vegetables business in CIS
White cabbage prices down in Ukraine
White cabbage prices have been going down in Ukraine since the previous week, when they reached record high, according to Fruit-Inform.
A significant jump in prices in the second half of August provoked a fall in the demand for Ukrainian white cabbage and resulted in a decrease in its prices this week. Supermarket chains and wholesalers were forced either to reduce their purchase volumes, or even stop purchasing at all due to a fall in retail sales and lack of free volumes in farms.
This week farmers from the southern regions reported of more active harvesting of middle-late varieties; therefore, the supply started growing, and prices began to gradually go down under conditions of moderate demand. Current maximum prices are not higher than UAH 5.50/kg (USD 0.25/kg), while a week before prices reached UAH 5.50-6.50/kg (USD 0.25-0.29/kg). Moreover, the wholesale market operators are sure that farmers will keep on reducing prices to boost their sales.
Despite a fall in prices, they are still the highest over all history of independent Ukraine. Previous record high levels were registered just in harvestless 2010, but, nevertheless, they took just a half of current ones.