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Quality and exports keep cherry prices high

The quality of medium-late varieties of cherries is above average in the masses, due to which exports have intensified, which contributes to the stagnation of prices for this commodity at a relatively high level, - reports Logos Press.
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Quality and exports keep cherry prices high

In Moldova, harvesting of medium-late varieties of cherries has started: Lapins, Big Star, Kordia, Large-fruited and others. According to the monitoring of east-fruit.com, the decrease in wholesale prices for cherries in Moldova, which started at the end of the first decade of June, stopped last week. The average wholesale price on the domestic market stabilized at 40 lei/kg ($2.33/kg). This is the lowest level of the average wholesale price for cherries in the European part of the monitoring of the mentioned portal. For comparison, in Poland – $2.7/kg, Russia – $3.19/kg, Ukraine $4.08/kg.

In Romania, according to Moldovan exporters, the price for cherries in bulk is one and a half or two times higher than in Moldova. And in retail – even three or four times. This stimulates the export of Moldovan cherries to the Romanian market. Although the best quality products are sent further – to Germany and the Baltic States.

Nevertheless, the “cherry season” in Moldova is entering a rather dangerous phase. The rainfall at the end of last week has not yet damaged the cherry crop (so-called “cracking” – cracking). Mainly because the rains were short-lived and accompanied by wind (which blew the drops off the fruit). However, if the rainfall continues, the quality of the produce – and with it exports and prices – could decline. Incidentally, this is exactly what is happening in Ukraine at the moment.

 

Read more in Friday’s edition of the weekly Logos Press


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