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Russia: No price rises expected due to impact of cold weather

The abnormally cold summer in Central Russia will not affect the supply of vegetables and fruits on the domestic market, nor will it lead to an increase in prices for them, according to the president of the NGO "Gardeners of Russia", Andrei Tumanov.

In June and the first half of July, the summer in the Moscow region was rainy and cool. This week, the region expected to have sunny summer weather, with a maximum air temperature of 24 degrees Celsius.

"Natural disasters, particularly rainy weather, will not affect the supply of vegetables and fruits on the Russian market; there will be no price increases and nothing will disappear from the market. Everything that is grown for the Russian market in the central strip is cold-resistant crops, so rain is usually good for them, while heat-tolerant crops, like tomatoes, aubergines, peppers and cucumbers, are grown in greenhouses, so the weather will not affect them," stated Tumanov.

He added that any rise in prices will possible be due solely to speculation, but even in the case of such dishonest practices from the suppliers, the market will quickly level the prices.

"The current system does not allow for dishonest prices to be kept for a long time. If someone in the market decides to raise prices in order to obtain greater profits, there will be others there, ready to bring everything from abroad, often with a lower cost price than we have," concluded Tumanov.


Source: inruza.ru
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