Farmers of Ukraine are forced to again reduce the price of last year’s cabbage


Farmers of Ukraine are forced to again reduce the price of last year’s cabbage

05/14/2020

Industry experts attribute the downward trend in prices for last year’s cabbage to the excess supply on the market

According to analysts of the EastFruit project with reference to market participants, the price of white cabbage from the 2019 harvest is again falling in Ukraine.

So, today the main shipments of last year’s white cabbage are at a price of 1.5-3 UAH / kg ($ 0.06-0.11 / kg), which is on average 19% cheaper than at the end of last working week.

Industry experts associate the downward trend in prices for last year’s cabbage with an excess of supply on the market. At the moment, early cabbage is actively offered in almost all regions of the country. At the same time, the pace of sales of both new crop and last year’s cabbage is quite restrained: wholesale companies and retailers seek to conduct purchases exclusively for current sales, citing weak demand in this segment.

See also: The season of selling early white cabbage has started in Poland

It is worth noting that in the same period last year, the price of last year’s cabbage in Ukraine was on average 9.3 times higher than today. At the same time, producers do not exclude that the downward trend in prices for last year’s cabbage will continue on the market.

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