In Moldova, cold weather and exports push up onion prices

Published 2023년 12월 8일

Tridge summary

Wholesale prices for yellow onions in Moldova have resumed their upward trend, growing by an average of 10-15% per week and reaching a level of 5-6 lei/kg by the end of the first ten days of December. The rise in onion prices this winter is expected to continue due to factors such as a reduction in stocks of high-quality onions in storage, colder weather and periodic precipitation leading to increased losses, and continued export to the European market. The current onion prices are already more expensive than in December 2021 and 2020, and operators in the fruit market believe the rise in prices will continue.

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

Original content

After a two-week November decline in wholesale prices, the process of increasing prices for yellow onions has resumed in Moldova since the end of last month. For the second week, wholesale prices for onions grew by an average of 10-15% per week, reaching a level of 5-6 lei/kg ($0.23-28/kg) by the end of the first ten days of December. The abnormally high price level in December last year is still a long way off, but today onions are already more expensive than in December 2021 and 2020, EastFruit reports. Moreover, operators of the fruit market of Moldova have no doubt that the rise in onion prices this winter will continue. In their opinion, the current and potential rise in onion prices is due to several serious factors. The first is a reduction in stocks of more or less high-quality onions in storage. As EastFruit previously reported, the situation in vegetable storage facilities is unfavorable; a significant amount of onions quickly spoils. All autumn, farmers were trying to ...

Source: Eastfruit