Information for fruit and vegetables business in CIS
Ukraine: tomato prices continue to grow
Ukrainian traders continue to raise their tomato prices despite relatively low demand for their produce, reports Fruit-Inform.
Now they vary between UAH 50-55/kg (EUR 1.52-1.67/kg), which is 19-22% higher than a week before. An increase is driven by positive price trend in Turkey, as now the supply in the Turkish market is limited. Prices are as well growing due to transportation problems caused by unfavorable weather conditions in a number of Ukrainian regions, leading to irregular shipments.
It is also worth mentioning that current tomato prices are 38-39% higher, compared with those of the same period in 2016. However, market players admit the price growth rates to get slower soon, as many companies refuse to buy new shipments due to low demand in the Ukrainian tomato market.