November 27 2007, 16:30

Russia: onion prices decline in Privolzhskiy Federal Okrug

Market players inform the experts of CIS produce business weekly "Agrooglyad: Vegetables and Fruits", as of today, the price decline for onion is observed in Privolzhskiy Federal Okrug. One week earlier the minimal limit of price range did not decline lower than $0.41/kg, and the maximal level was $0.49-0.53/kg. As of today, the players can purchase the major volumes of onion for not more than $0.32-0.45/kg. To the opinion of the specialists of wholesale companies, this circumstance is predetermined by the totally increased supply on the background of stable demand. The market is saturated with national products of average quality. In these conditions the supplies of Uzbek onion were the main reason of price decline, In most cases the quality of Uzbek onion was estimated as low.

Relatively low prices for onion in Russia this season are the main reason which hampers the active exports of this product from Ukraine. Andriy Yarmak, the head of "Agrooglyad: Vegetables and Fruits" project will speak in details about the perspectives of the exports of onion and other fruits and vegetables from Ukraine during the fourth international conference-exhibition "Fruits and Vegetables of Ukraine 2007. Meeting New Leader" on the 4th-6th 2007 in Kyiv on the territory of the National Complex "Expocenter of Ukraine".