Financial and business news from Bulgaria

The price of the first Bulgarian cherries on the market in Plovdiv hit... PICTURES

The first for the season Bulgarian cherries are sold in a wide price range in Plovdiv. The cheapest are on Saturday market — 8 BGN per kg, and the most expensive — 25 BGN — on the market next to the gymnist dispensary, writes Maritsa.
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dependence of who is behind the counter — the manufacturer who is also a seller or a reseller who inflates the price.

Otherwise, the native strawberries are offered between 4 and 6 BGN per kg.

“This year we have an unprecedented purchase price of cherries in Plovdiv region. The earliest cherries are bought at 10 BGN per kg, which is twice as much as last year, commented Konstantin Vitanov from Perushtitsa, which is among the largest producers in the region. However, it realizes its fruits on the Sofia markets.

It is expected that with the mass maturation of Bulgarian cherries their price is yet to fall. The harvest is relatively good, so the market will be flooded in a month and the goods will become cheaper, commented farmers from Krichim and Kurtovo Konare. The industry hopes the trade will go, but they doubt because of the coronavirus there will be traders from Romania like other years.

Cherry producers discontent that they have wronged processors directly. The state granted BGN 1 million under the de minimis scheme as an incentive for the realization of the harvest of Bulgarian cherries during the upcoming buyout campaign.

However, financial support is only for processing plants, with the subsidy covering part of the costs associated with buying in, transporting and processing of the harvest this year.

“Although the aid to processors is symbolic — 5 pennies per kilogram, discrimination is present because money is granted only for them, and for producers there is no”, displeases Vasil Panayotov, owner of a cherry garden from Kuklen.

He specified that the measure would benefit again large ones because there are conditions — the subsidy is for enterprises that increase the buying-in quantities by 30% compared to their 2019 volumes, and they must have been over 20 tonnes.

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