Tridge summary
Ukrainian potato producers are currently facing a challenging market situation, with a significant drop in demand leading to a decrease in wholesale prices to UAH 14-18/kg, a 13% reduction from the previous week. Despite the abundant supply, the demand is dwindling, partly due to buyers' dissatisfaction with the quality of the potatoes. Although prices have tripled since early April 2023, the prevailing market conditions suggest that further price reductions may be on the horizon.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Ukrainian potato producers are forced to lower their prices due to a rather restrained demand in this segment. This is reported by EastFruit analysts. As of April 11, wholesale prices for potatoes in Ukraine fell to UAH 14-18/kg ($0.36-0.46/kg), which is on average 13% cheaper than at the end of the last working week. "According to the market operators, the supply of potatoes this week remained quite voluminous, while the demand for the products continued to decrease. At the same time, many buyers complained about the quality of the offered products and often refused to buy," analysts note. Read also: In Ukraine, prices for table beets are decreasing Currently, potatoes in Ukraine are on ...
Source: Agrobusiness
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