The price of white cabbage in Ukraine for the week increased by almost 2 times


The price of white cabbage in Ukraine for the week increased by almost 2 times

03/26/2020

The demand for cabbage is still quite high, while the supply of quality products on the market is rapidly declining due to the seasonal factor.

In Ukraine, white cabbage continues to rise rapidly. According to the daily monitoring of the EastFruit project, only over the weekend the price of these products increased almost 2 times. Experts note that the demand for cabbage is still quite high, while the supply of quality products in the market is rapidly declining due to the seasonal factor.

Since last week, white cabbage in the Ukrainian market has become 1.7 times more expensive on average, and today farmers ship cabbage at a price of 3 to 5 UAH / kg ($ 0.11-0.18 / kg) depending on quality.

See also: In Poland, stabilized cabbage market

Recall that at the beginning of this year the downward price trend continued in the Ukrainian market in the segment of white cabbage. The reason is the excess supply against the background of relatively low demand. Now that quarantine measures have been introduced in the country, trading activity in the cabbage segment has noticeably accelerated, which has allowed farmers to significantly increase selling prices. A gradual seasonal reduction in cabbage stocks in the storage facilities of Ukrainian households also has a positive effect on the price.

It is worth noting that, despite the rapid increase in prices in the segment of white cabbage, today this vegetable in Ukraine still costs an average of 1.7 times cheaper than in the same period last year. At the same time, market players expect a new jump in prices next week. They explain their opinion with a very active demand for cabbage.

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