Business

A new surge in fruit prices in Algeria

A new surge in fruit prices in Algeria. Bananas, pears, strawberries, figs, apples are inaccessible to medium and small purses.

Strawberries for 400 dinars, bananas for 700 to 1000 dinars per kilo, grapes for over 280 dinars, figs for 750 dinars in some markets…

The President of Consumer Protection Association (APOCE) Mostafa Zebdi confirmed this data.

“The worth of this season’s fruit could be very excessive. We are not in an inexpensive state of affairs like in earlier years. Even watermelons that value 30-40 DA per kg are very uncommon to search out at this worth. Amrit prices 250 to 350 DA/kg. For us, these are all the time excessive prices,” he feedback.

And an instance talked about is bananas whose prices are at their lowest stage throughout summer time. “It is a really aggressive product and it’s driving down the worth of seasonal fruits. With the dearth of bananas, we do not expertise the dearth of native fruits that we used to expertise in the previous”, he defined. For Mr Zebdi, the small quantity of bananas accessible on the Algerian market has created hypothesis.

Explanation of the Algerian Tradesmen’s Union

Secretary General of the General Union of Algerian Traders (UGCAA), Hajab Benchohra, contacted TSA, believes that banana prices haven’t elevated in nations of origin, accusing Algerian middlemen of skyrocketing prices.

He mentioned, so far as I do know, the worth of bananas has not elevated in Ecuador or every other producing nation. “We need worth stability. Potatoes are the greens that cut back or cut back the worth of different greens and as a lot as fruits, bananas are. If we will management the prices of those two merchandise, at an inexpensive stage, the market will stabilize”, defined Mr. Benchohra.

The SG of UGCAA regrets the lack of understanding on the amount produced of vegetables and fruit required in the market.

“We’re nearly there,” he mentioned. “As lengthy as we do not know what our demand is for every product, so long as we do not know if there’s a surplus or a scarcity, we cannot change something,” he underlined.

On the opposite hand, the SG of UGCAA reveals the aspect related to the regulation of provide and demand, which implies that the provision of this or that product determines the promoting worth in the market.

In order to stabilize prices, Mr. Benchohra confirmed that the market must be organised. “If we keep in this state, we can have an issue daily,” he admits.

The drawback of hypothesis is one other issue that drives the prices of client items to insufferable ranges in Algeria, recalled the consultant of merchants, who warned those that have interaction in this follow open themselves to the new guidelines.

“Speculators have to be paid,” urged Mr. Benchohra, who desires common provide in the market, stressing that it’s not a query of drastically decreasing prices and flooding merchants with losses.

The consumption patterns of Algerians are additionally highlighted by the SG of the UGCAA who plead for a “tradition of consumption”.

“When the worth of a product is simply too excessive, we cease and the worth goes down. Otherwise, we’re coping with speculators who follow excessive prices by convincing themselves that there’s demand,” explains Mr. Benchohra.

Leave a Reply

Your email address will not be published.