Information for fruit and vegetables business in CIS
Russia: lemon prices continue increasing
The representatives of the wholesale companies inform the specialists of CIS produce business periodical, "Agrooglyad: Fruits and Vegetables" weekly, the prices for lemons continue increasing in Russian Federation.
At the present moment the supplies to Russian market are mainly implemented by Turkish players, where the producers inform about extremely low lemon harvest this year.
Despite of the high prices, there is no way to fully satisfy the demand for lemons, so that the importers are again stimulated to increase prices. One week ago the companies-importers set the price range which upper limits did not exceed $2.26/kg; now the minimal limit does not decline lower than $1.78/kg, and upper limits of the price range often reach $2.43/kg.
According to the forecasts of the specialists of companies-importers, the trend of price growth on lemon market will be preserved until newly harvested lemons from Egypt and SAR start entering Russian market - these supplies will be able to partially compensate the shortage.