European oversupply and weak quality are undermining the domestic apple market

The quality of edible apple originally stored for human consumption is much weaker than usual, so it can only be sold for industrial purposes – Világgazdaság Online wrote. The plant has already stopped and the fruit will be taken over at a lower price in case of restart.

In Europe, a huge over-supply occured of apples. Instead of the usual 11.5 to 12 million tons, yields are around 14 million tons, which already caused tensions at the time of harvest, the apple producers have also demonstrated due to low take-over prices – Ledó Ferenc, President of the Hungarian Vegetable-Fruit Intergovernmental Organization and Product Board (FruitVeB) told Világgazdaság. (vg.hu)