Cucumbers from greenhouses in Russia are rapidly falling in price, according to analysts of the project APK-Inform: Vegetables and Fruits. Key market players explain the negative price dynamics in the greenhouse cucumber segment by the supply increase of this product. This week almost all greenhouse complexes have started selling cucumbers from the new season.
Today, smooth cucumbers go on sale at 120-150 rubles/kg ($1.62-2.03/kg), which is on average 20% cheaper than at the end of the last working week. Meanwhile, the factories are ready to ship cucumbers with spines at 150-180 rubles/kg ($2.03-2.44/kg), which is 25% cheaper on average than a week earlier.
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Another decisive factor for lower prices in this segment was the deterioration in demand for greenhouse cucumbers. Wholesale companies and retailers reduced their purchases of local cucumbers this week citing slow retail sales.
Russian greenhouses are already shipping smooth cucumbers at virtually the same prices as in the second half of February 2020. Cucumbers with spines are currently sold on average 13% more expensive than in the same period last year. Representatives from greenhouse complexes do not exclude a further reduction in the price of cucumbers as the supply of the new season grows.
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