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Prices for early apples are rising in Moldova

Since the end of last week, the average level of wholesale prices for summer apples on the Moldovan market has increased by about 1 MDL/kg – up to 5 MDL/kg ($ 0.28/kg). A week earlier, prices decreased by the same 1 MDL/kg. Traders of agricultural producers’ organizations believe that before the peak harvesting of apples of autumn varieties starts (presumably mid-September), the wholesale prices are unlikely to decrease. At the end of August 2020, wholesale prices for summer apples in Moldova were higher – about 6 MDL/kg ($ 0.36/kg).

Players of the Moldovan fruit and vegetable market associate the prerequisites for stabilization, and possibly even a slight increase in apple prices in the short term, with exclusively internal factors. First of all, with a tangible increase in demand for fruits and vegetables during the summer holidays of labor migrants. It should also be noted that apples traditionally become the cheapest and most widely available fruit in the country at the end of summer.

As EastFruit previously reported, a fairly high apple harvest is expected in the country. Recently, representatives of the Moldova Fruct Association announced an optimistic forecast – the 2021 apple harvest could exceed 600 thousand tons. In this connection, the management of the organization urged to start exporting apples from the very beginning of harvesting. If farmers-traders follow the recommendations, it will become a tangible incentive to increase domestic purchase prices for apples in Moldova.

EastFruit

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