Analysts of the EastFruit project say that, in the Ukrainian market, there is a tendency to rapidly reduce prices for potatoes of a new crop. Market operators consider the main reason for the negative price trend to be a noticeable decline in the interest of exporting companies in the purchase of these products.
This now means that Ukrainian farmers are ready to ship early potatoes at a price of 8-12 UAH per kg ($0,30-0,45 per kg), which is on average 20% cheaper than at the beginning of this week. Manufacturers were forced to yield in price for a number of reasons. So, in addition to seasonal supply growth, pressure on prices was exerted by a decrease in the purchasing activity of exporters. As a result, producers were forced to sell almost the entire volume of early potatoes on the domestic market of the country.
However, even after a significant decrease, the price of early potatoes in Ukraine at the moment is on average 14% higher than in the same period last year. At the same time, farmers do not exclude the possibility that next week prices for these products will go down again in the event of a further lack of export.