Tridge summary
Ukraine is experiencing a surge in onion prices, with sellers raising them by an average of 16% due to a limited supply and a higher percentage of substandard onions caused by unfavorable weather conditions. The reduction in imported onions from Central Asian countries has also contributed to the price hike, which is currently three times higher than last year. Market operators anticipate a potential shortage of quality onions by the end of the season, and farmers plan to increase prices further if sales rates persist.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Selling prices for onions in Ukraine began to grow again, analysts of the EastFruit project report. Market operators are already talking about a possible shortage of quality products at the end of the season. They emphasize that the production of onions in the country has significantly decreased this year. At the same time, due to unfavorable weather conditions, the percentage of substandard onions, which are not subject to long-term storage, has significantly increased. According to the daily monitoring of the project, since the beginning of this week, Ukrainian farmers have raised selling prices for onions by an average of 16%. According to experts, last Friday the main volumes of onions were sold by producers within the range of UAH 23-26/kg ($0.63-0.71/kg). Today, these products go on sale at UAH 27-32/kg ($0.74-0.88/kg). Read also: Uzbekistan announces temporary ban on onion exports The reason for the increase in prices for onions was, first of all, the limited supply of ...
Source: Eastfruit
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