There is a downward trend in prices on the potato market in Ukraine


There is a downward trend in prices on the potato market in Ukraine

09/16/2020

As harvesting progresses on farms, the supply of potatoes on the market increases

To date, Ukrainian potato producers are revising prices for their products downward, according to analysts of the EastFruit project. As harvesting progresses on the farms, the supply of potatoes on the market increases. At the same time, most of the products sold for sale are potatoes of low quality, which also negatively affects the formation of prices in this segment.

According to the data of the daily monitoring of the project, today in the main regions of production, prices for potatoes vary within 4-6 UAH / kg ($ 0.14-0.21 / kg), which is on average 14% cheaper than at the end of the last working day. weeks.

Read also: For eight months, Ukraine has increased the import of potatoes by 6 times

Experts believe that the reason for this situation is the seasonal increase in the supply of this product on the market, while the demand for potatoes remains very low.

Note that at the moment the prices for potatoes in the Ukrainian market are already 45% lower on average than in the same period last year. At the same time, most of the major market players are confident that prices for potatoes will continue to decline as harvesting operations advance in households.

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