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4th week in a row

Ukrainian fresh produce price index down

Fruit and vegetables prices in Ukraine have decreased for the fourth week in a row, reports fruit-inform.com. According to the site, the Ukrainian fresh produce price index decreased by 4.6% in the week from February 27th to March 4th. Over 4 weeks the price index has gone down by 14.3%.

''Low internal market demand and the earlier start of spring field works forced growers to reduce their produce prices,'' says Ms. Tetiana Getman, Head of Fruit-Inform. ''In addition, the market was under the influence of the larger percentage of losses during storage; therefore, many sellers of traditional vegetables had to cut their prices to stimulate sales.''

Traditional vegetables became 4.7% less expensive last week, and potato prices went down by 9.1%. The most significant decrease in prices of traditional vegetables was registered in the onion segment (-7.7% week-on-week), and white cabbage prices also went down.

Low demand also exerted pressure on the prices of greenhouse vegetables, and tomatoes became 20% less expensive. Such a decrease in tomato prices was not compensated by a slight increase in cucumber ones, registered thanks to relatively high export demand.

Fruit prices were stable in the majority of cases thanks to stability in the Ukrainian hryvnia exchange rates.

Source: fruit-inform.com
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