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Russia 06/06/2024

Lower volumes from Egypt cause potato prices to soar in Russia

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In Russia, potato prices rose by 25.6% over the period from 1 to 27 May, according to Rosstat data. The price hike is attributed to the shortage caused by lower volumes received from Egypt.
 
Local media are reporting a surge in potato prices on the Russian market. Russia usually receives between 300,000 and 500,000 tonnes in the May-June period,’ said Alexeï Krasilnikov of the Potato Union, ’but this year Egypt has reduced its shipments, causing a shortage and a spike in prices.
 
This shortage should be resolved in the next few weeks with the arrival on the market of new potatoes from the southern regions of the country.
 
source : ria.ru
 
 
 
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In Russia, potato prices rose by 25.6% over the period from 1 to 27 May, according to Rosstat data. This price surge is attributed to the shortage caused by lower volumes received from Egypt (Photo: egypttoday.com).
   
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