A wave of price cuts for onions began in Ukraine

This week, a decrease in selling prices was recorded on the onion market in Ukraine, EastFruit project analysts report. The main reason for the downward price trend was the massive supply of imported onions produced in Poland, Egypt and the Netherlands. According to the project's daily monitoring data, prices are also under pressure from an increase in the supply of onions from non-equipped storage facilities, the owners of which, with the establishment of warm weather, began active sales of this product. So, today onion sales are carried out at 35-40 UAH/kg ($0.96-1.09/kg), which is 15% lower on average than a week earlier. According to market participants, the downward price trend is dictated, first of all, by a large supply of products on the market, while demand for onions is rather low. Most of the farms with the onset of warming began to actively sell their stocks. At the same time, a number of farmers report that, for one reason or another, onions are stored worse than ...