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White cabbage began to rise in price in Ukraine

There has been a tendency to increase prices for white cabbage in Ukraine this week. According to the daily monitoring by the EastFruit project, many producers had sold off most of their inventory by mid-January. In addition, there is almost no low-quality cabbage left on the market.

Given the rapid decline in cabbage stocks on farms, farmers began to hold back sales of quality products, which led to a rise in prices this week. This information is also confirmed by wholesale companies, which note a general decline in cabbage supply on the market.

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To date, selling prices for white cabbage have already risen to 1.50-3.50 UAH/kg ($0.05-0.12/kg), which is on average 20% more expensive than at the end of the last working week.

It should be noted that despite the rise in price in the segment of white cabbage, today this product on the Ukrainian market still costs 25% less on average than in the same period last year. Many key market players do not rule out that the rise in prices for this product is temporary. In fact, they argue that the next rise in the price of this product may motivate Ukrainian farmers to start selling white cabbage from storage.

EastFruit

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