Excess supply triggers sharp decline in plum prices in Ukraine

There is an oversupply of plums from local farms on the Ukrainian market, which puts significant pressure on prices in this segment, according to analysts from the EastFruit project. According to market participants, the demand for plums from local wholesale companies is currently very low, while the supply of these stone fruits on the market continues to increase due to the seasonal factor. Thus, today the price of plums from local farms varies in the range of 8-14 UAH/kg ($0.19-0.34/kg), which is on average 54% cheaper than at the end of the last working week. It is worth noting that the high air temperature contributed to the accelerated ripening of plums and at the same time negatively affected their quality, which also puts additional pressure on prices. Read also: Black skin, red flesh - three new plum varieties presented in South Africa Producers are concerned that plum prices have already dropped below last year's level. For comparison: a year ago, sales were on average ...