In 2021, Moldovan distillate producers did not support the local industrial plum market

Published 2021년 10월 28일

Tridge summary

Moldovan traders-exporters have announced that the Euroquota for duty-free supply of plums to the European Union for 2021 was fully selected by early October. Around 20-30% of these plums were sent to Romania for processing. The domestic market price for low quality plums remained stable due to these exports. However, producers of fruit distillates have withdrawn from the industrial plum market due to increased licensing and bottling costs, leading to a change in market pricing. Currently, illiquid quince is being offered to local distillate producers at a symbolic price, but the situation may change if parliament passes proposed legislation regulating fruit distillates.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to Moldovan traders-exporters, the Euroquota (15 thousand tons) for 2021 for duty-free supplies of plums to the European Union was fully selected by the beginning of October. At the same time, this year, about 20-30% of all Moldovan plums sent to the European Union went to Romania for processing. For a certain period, mainly in August - September, due to these supplies on the Moldovan domestic market, the wholesale price for low quality plums was kept at a more or less acceptable level. Read also: The season of active export of Moldovan plums will end no earlier than mid-November Meanwhile, in Moldova itself, producers of fruit distillates actually left the industrial plum market, some of them - even last season. The reason is the change in the conditions for licensing the production and bottling of these products, which entailed a significant increase in the cost of the process of documenting these types of activities. This year, due to precipitation and cool weather, ...

Source: Eastfruit