Tridge summary
Plum prices from local farms have dropped by 54% averaging UAH 8-14/kg ($0.19-0.34/kg), due to low demand and increased supply caused by seasonal factors and high air temperature leading to accelerated ripening and quality issues. Prices are now lower than last year, with sales last year being on average 33% more expensive. Producers are expected to continue lowering prices to meet buyer demands.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
As EastFruit reports, the price of plums from local farms currently varies in the range of UAH 8-14/kg ($0.19-0.34/kg), which is on average 54% cheaper than at the end of the last working week. According to the information of market participants, today the demand of local wholesale companies for plums is very low, while the volume of supply of these stone fruits on the market continues to increase due to the seasonal factor. It is worth noting that the high air temperature contributed to the accelerated ripening of plums and at the same time negatively affected their quality. Producers are concerned that plum prices have already fallen below last year's levels. ...
Source: AgroPortal.ua
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