Speculation on peach and nectarine prices in Bulgaria

Published 2022년 8월 23일

Tridge summary

Bulgarian peach and nectarine producers are facing falling prices despite a rise in market supply and consumer prices staying the same or increasing. The fruit growers' association accuses wholesalers and retailers of speculation, as they are not reducing prices and are operating on high margins. Additionally, the import of fruit from Greece is cutting into the sales of domestic producers, as the high retail prices make import profitable. Domestic fruit sells at about 1.84 PLN/kg, while retail prices range from 6.14 to 8.10 PLN/kg.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Bulgarian growers talk openly about speculation in the peach and nectarine market. The supply is growing. Prices for consumers as well. On the other hand, prices for producers are falling ... Along with the increase in the supply of domestic fruit on the market, retail prices in Bulgarian supermarkets and marketplaces remained at the same level or even increased. At the same time, the buying-in prices for producers dropped. This is an unprecedented situation that should not take place in a market economy. The producers talk directly about speculation. Wholesalers and retailers operate on 100% margins. Despite the increase in supply, they do not lower prices and therefore do not increase sales. However, prices for producers are falling. Activists of the fruit growers' association say that the increase in retail prices in this situation is unfounded. It is similar in supermarkets. A kilogram of peaches and nectarines in a detail costs from 2.50 to 3.30 BGN (6.14 - 8.10 PLN / kg). At ...
Source: Sad24

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