Argentina imports Brazilian onions lower prices
The Government, through the Central Market, is trying to lower the price of onions, which in recent…The Government, through the Central Market, is trying to lower the price of onions, which in recent days was around $40 per kilo. To compensate for the lower production due to excessive rains, the exchange rate appreciation and the lower external demand, the country increased imports and it is now buying onions from Brazil.
The price of onions in grocery stores and supermarkets, where the kilo cost between $10 and $30, has been on the rise in recent months. Poor weather conditions in the crop producing provinces complicated the harvest, and this was compounded by the exchange rate appreciation and the fall in purchases from abroad, especially from Europe.
The Central Market advised reducing onion consumption due to the price increases. "There currently is a decline in the usual production volumes," they stated.
Forecasts of wholesale operators indicate that the situation will normalize gradually, once the production from the province of Santiago del Estero starts to enter the market, according to the Telam agency.
Given this scenario, authorities suggest temporarily replacing the products that could be affected.