Commodities

Belarusian commodity exchange reports increased sales of fruit, vegetables

According to spokesperson for the Belarusian Universal Commodity Exchange (BUCE), Roman Yaniv, activity in the Belarusian fruit and vegetable section has increased as the new harvest approaches.

As the new harvest begins, BUCE has seen an increased interest from producers and consumers of fruit and vegetables, Yaniv said. This is manifested both in an increase in the number of bidders and in a wider commodity range. For example, in the off-season it was an average of 5 to 7 companies that regularly participated in trading sessions. Now there are already 10-15 of them. In addition to potatoes, onions and garlic, which accounted for the lion’s share of transactions in the winter-spring period, we now see fresh cucumbers and tomatoes put up for sale, although in small volumes for the time being.

“Selling vegetables and fruits via the exchange is a completely new tool for Belarusian market participants, and not everyone is yet using it to the fullest. Nevertheless, the situation is changing for the better.” BUCE hosts trading sessions in fruit and vegetable from November 2021 on a weekly basis. Most popular Belarusian-grown vegetables that are put up for sale include potatoes, cabbage, carrots, onions, beets and garlic.

Source: eng.belta.by

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