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Russian growers are raising onion prices

Russian onion growers have started to actively raise their prices. According to market participants, the rise in prices in this segment, primarily, stimulates the limited onion supply on the market in conditions of an increased demand. It should be noted that in some cases growers refuse to sell onions, hoping for further price increases.

Currently, farms offer high-quality onions at 12-20 RUB/kg ($0.17-0.28/kg), which is on average 37% more expensive than a week earlier. According to growers, they manage to raise prices in this segment due to a noticeable increase in demand.

At the same time, the supply of high-quality onions on the market is rather limited, since many farms have already completed their sale from the field, and large market players still restrain the sale of high-quality onions from storage.


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