Ukrainian farmers increased selling prices for carrots this week, EastFruit analysts report. According to market players, a noticeable increase in trade in the segment contributes to price growth. At the same time, most farms have suspended sales of high-quality carrots in anticipation of an even greater price rise, and they plan to start selling them in early March.
Carrots are now sold at 20-28 UAH/kg ($0.55-0.77/kg), which is 11% more expensive on average than a week earlier. According to industry experts, sellers manage to raise prices due to a rather limited supply of carrots on the market, since many Ukrainian farms have completed the sales of last year’s carrots. At the same time, trading activity in this segment remains quite high.
Today, Ukrainian producers sell carrots on average 2 times more expensive than in the second half of February 2022. Nevertheless, market players are sure that carrot prices will keep growing, as the demand is high, and carrot stocks in Ukrainian farms are rather small.
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