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October 12 2015, 16:03 Fruit-Inform

When will onion prices stop growing in Ukraine?

Onion prices have reached their record high in Ukraine this week. Now farms are ready to ship their produce at no lower than UAH 7/kg (EUR 0.28/kg), twice as high as in October 2010 in the UAH equivalent and almost similar in the EUR equivalent. The market participants expect Ukraine to face «onion hunger» in the beginning of winter, as shortage of produce has already been registered, and everyone is sure of a further increase in prices. At the same time, Fruit-Inform analysts believe that the situation is not so simple, and prices can stabilize earlier than usual.

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