Russia: The collapse in peach prices continues – what are your forecasts for the future?

According to EastFruit analysts, the wholesale price of nectarines and peaches fell sharply in Turkey this week. Let us remind you that exactly a week ago we expected a further decline in peach prices, but no one expected such a sharp drop. Let us recall that by April 17, the price for peaches from film greenhouses in Turkey was $2.85 US dollars per kg, but Egyptian exporters were already offering them at almost half the price, which was completely unexpected and put pressure on prices in Turkey. This same week, according to Fyodor Rybalko, an expert on fruit and vegetable trade and logistics, prices in the southern provinces of Turkey dropped immediately to $1.6 per kg, which was comparable to prices for peach and nectarine in Egypt. “Turkish producers expect a high harvest of peaches this year. In addition, record peach harvests are expected in Azerbaijan and Georgia due to the continued expansion of areas, the entry into fruiting of some new productive plantations and favorable ...