Lower prices for pepper

red pepperThe current week has shown decline in prices for pepper on European and Russian markets. In Europe, prices have fallen sharply for color pepper and pulled over prices for red. On the Russian market decline in prices for red pepper was observed in some cities.
Previous 2 weeks the price of pepper held on (so far) the highest level of the season. In Europe, especially high prices were for yellow and orange peppers. In this regard, Israeli growers prefered to send those small amounts of colored peppers, which they had to the European market and to Russia mostly went red pepper. This has led to oversupply of red pepper on the market in Moscow and St. Petersburg, as well as the overabundance of color on the Dutch market – its price declined from a peak on average of 2.5 euros.

I believe that the slight decrease in prices can be observed on the next week, but it will not be as big as this week. In general, the trend should change and in the next 2-3 weeks the price will rise again.
The current week has shown decline in prices for pepper on European and Russian markets. In Europe, prices have fallen sharply for color pepper and pulled over prices for red. On the Russian market decline in prices for red pepper was observed in some cities.Previous 2 weeks the price of pepper held on (so far) the highest level of the season. In Europe, especially high prices were for yellow and orange peppers. In this regard, Israeli growers prefered to send those small amounts of colored peppers, which they had to the European market and to Russia mostly went red pepper. This has led to oversupply of red pepper on the market in Moscow and St. Petersburg, as well as the overabundance of color on the Dutch market – its price declined from a peak on average of 2.5 euros.I believe that the slight decrease in prices can be observed on the next week, but it will not be as big as this week. In general, the trend should change and in the next 2-3 weeks the price will rise again.

Leave a Reply

Your email address will not be published. Required fields are marked *