Information for fruit and vegetables business in CIS
Crimea: tomato prices halve over weekend
Prices of tomatoes have sharply fallen at Crimean wholesale markets over the past weekend. According to Fruit-Inform, current prices fixed by sellers at Krymskiy Privoz Wholesale Market, Simferopol, are half as high as registered in the end of the past week.
For the present, prices of field-grown tomatoes vary between RUB 15-20/kg (USD 0.22-0.30/kg), and greenhouse produce are offered at no higher than RUB 30/kg (USD 0.45/kg). For comparison, minimum prices stood at RUB 30/kg closer to the past weekend.
The market operators connect a fall in prices with a significant rise in the supply of field-grown tomatoes against a background of moderate demand. Furthermore, Crimean wholesalers actively purchase tomatoes from Krasnodar Krai, and this fact only aggravates the situation.
It should also be noted that current prices of field-grown tomatoes are similar to those fixed in Crimea a year before, while greenhouse produce has become 25% less expensive year-on-year. The Crimean market participants also expect negative price trend to remain in effect in the nearest time.