HomeNewsAnother jump in price for bananas in Russia
News

Another jump in price for bananas in Russia

Analysts of the APK-Inform: Vegetables and Fruits project noticed another jump in price for bananas on the Russian market. Traders think the main reason is the rise in prices for bananas on the foreign market due to the rather limited supply.

Currently, importers offer bananas at 89-115 rubles/kg ($1.17-1.51/kg), which is on average 10% more expensive than at the end of the last working week. The APK-Inform experts think the main reason for the next jump in prices for bananas is the further devaluation of the ruble against the dollar. Also, these prices are supported by the rise in prices for these products directly in Ecuador itself, where the supply of these fruits has sharply decreased due to the off-season.

Read also: Potatoes are getting pricier by the day in Russia

It should be noted that today the price for bananas in Russia are already on average 1.5 times higher than in the same period last year. Market players do not exclude the possibility of further appreciation of these fruits, despite the very low demand in this segment. Many Russian importers, given the very low demand on the domestic market, either refuse to buy bananas altogether or agree to work exclusively on order.

EastFruit

The use of the site materials is free if there is a direct and open for search engines hyperlink to a specific publication of the East-Fruit.com website.

Related posts

High prices for plums in Moldova

EastFruit

Georgian apple growers expect a smaller harvest this year

EastFruit

Moldovan greenhouse table grapes are sold mainly on the domestic market because of high prices

EastFruit

Leave a Comment