Over the weekend in Ukraine collapsed the price of early cabbage


Over the weekend in Ukraine collapsed the price of early cabbage

05/29/2020

Bad weather conditions in the western regions led to a decrease in the quality of early cabbage, which also influenced the formation of prices

This week in Ukraine there is a rapid decline in prices for white cabbage of a new crop, according to analysts of the EastFruit project. First of all, market participants attributed the negative price trend to the seasonal factor, as the supply of new crop cabbage from local farms continues to increase. In addition, adverse weather conditions in the western regions led to a decrease in the quality of these products, which also affected the formation of prices.

So, since the beginning of the week, early white cabbage in Ukraine has fallen in price by an average of 29% and is offered today for sale at a price of 3-4.5 UAH / kg ($ 0.11-0.17 / kg).

See also: In Ukraine, against the background of high volumes of imports, tomatoes again fell in price

Such a sharp decline in prices was caused by the rapid seasonal increase in the supply of these products on the market. But at the same time, according to local farmers, in the near future the early-season cabbage sales season will soon come to an end and farms will begin selling medium-sized products. Thus, the growth rate of the supply of cabbage in the market will temporarily slow down, which can not only stop the cheapening of these products, but also provide an opportunity for producers to slightly increase prices in this segment.

It is worth noting that at the moment the price of new cabbage in Ukraine is already on average 10% lower than at the end of May 2019.

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