Will the average wholesale price for Moldovan sweet cherries, harvest-2021, for export exceed $ 1/kg?

Published 2021년 7월 5일

Tridge summary

The article discusses the current state of the sweet cherry market in Moldova, highlighting a significant decrease in prices due to an oversupply, with wholesale large cherries sold at 17-24 lei / kg ($ 0.94-1.33 / kg) and retail at 20-30 lei / kg ($ 1.11-1.66 / kg). The supply exceeds demand both domestically and internationally, particularly to Russia and Belarus, with exports experiencing a significant decrease in volume and facing quality issues due to rainfall and temperature fluctuations. These conditions have led to concerns about export prices, which are expected to remain low, potentially around $ 1 / kg. Despite the challenges, there is interest in selling to the European Union for processing, as Moldovan cherries are facing demand issues in traditional markets.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the first days of July, the process of falling prices for sweet cherries continued on the Moldovan market. On the weekend of last week, wholesale large fruits from agricultural enterprises in urban markets were offered at 17-24 lei / kg ($ 0.94-1.33 / kg), in retail - at 20-30 lei / kg ($ 1.11-1, 66 / kg). Small cherries from personal plots and farms were sold in small wholesale and retail for no more than 10-16 lei / kg ($ 0.55-0.88 / kg). Last season, the wholesale price for large cherries did not fall below 20 lei / kg ($ 1.12 / kg), for small ones - below 13 lei / kg ($ 0.73 / kg). At the same time, at the beginning of July of this year, the supply on the domestic market visually greatly exceeds the demand - there are no queues anywhere. Marketers of agricultural producers' associations note in this regard that the export demand for Moldovan cherries is also small, supplies have not yet acquired a systematic and massive character. For the second week now, large ...
Source: Eastfruit

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