In October, processors push up prices for Moldovan plums again

Since the middle of the last decade of September, in less than two weeks, wholesale prices for plums in Moldova have increased by 3-4 lei / kg – on average, up to 9 lei / kg ($ 0.51 / kg). In fact, the average price returned to the August level, but still lags behind the level of October last year (10-11 lei / kg, $ 0.58-0.64 / kg).

In principle, the October increase in wholesale prices for Moldovan plums was predictable. According to EastFruit, the experts of the Association of Agricultural Producers of Moldova FARM linked the projected rise in price with the predominance of late-ripening plum varieties (“Elongated”, “President”, etc.) to the EU in October at a price of at least 8 lei / kg ($ 0.45 / kg).

Operators of the Moldovan fruit market argue that the increase in wholesale prices for plums in the first decade of October, even slightly higher than the previously estimated average level, is explained by two main reasons. The first is a rather rapid decline in commodity resources: in many orchards, plums have already been harvested, mostly sold, to a lesser extent – stored.

Another factor supporting prices is the continuing high demand from processors. The only difference is that in the second half of September the main buyers of industrial plums were canning factories producing plum paste. And in October, their place was taken by local and Romanian producers of alcoholic beverages (tsuiki-palenki). By now, the late plum has finally gotten the missing sugar content, but its quality (density) for the most part no longer fits the requirements of the “fresh market”. But it suits the specified category of buyers. As a result, the purchase price for the lowest quality industrial plum rose to 2.5-3 lei / kg ($ 0.14-0.17 / kg). Based on this “bottom”, producers increase the supply prices of more or less high quality plums.