The trap of high prices, or pitfalls on the onion market in Moldova, Poland and Uzbekistan

Published 2024년 3월 16일

Tridge summary

Onion pricing follows a cyclical pattern, which is characteristic of so many agricultural commodities. The prices peak towards the end of the season and attract the new base of goods, which are not necessarily new, but come out of storage after 4-5 months of tactical waiting. The better the price of onions, the less a reseller can earn on them in the spring. Only in Moldova are onions more expensive than they were at the time of harvest (+10-20%)
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Andriy Yarmak, an economist at the Food and Agriculture Organization (FAO), sheds light on the dynamics of the market: "Onion pricing follows a cyclical pattern, which is characteristic of so many agricultural commodities. The prices peak towards the end of the season and attract the new base of goods, which are not necessarily new, but come out of storage after 4-5 months of tactical waiting. Stocking retailers typically base their sales pace on last season's data, which can lead them astray." Yarmak further elaborates on the pitfalls resellers may face after a high season: Now it didn't bring back its price "In other words, the better the price of onions, the less a reseller can earn on them in the spring," sums up Yarmak. According to EastFruit's analysis, only in Moldova are onions more expensive than they were at the time of harvest (+10-20%), but even here prices are on ...
Source: MezoHir

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