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Grape Purchase Volume Expected To Reach 155 Thous. Tons In 2011

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  • Grape Purchase Volume Expected To Reach 155 Thous. Tons In 2011

    GRAPE PURCHASE VOLUME EXPECTED TO REACH 155 THOUS. TONS IN 2011

    PanARMENIAN.Net
    September 2, 2011 - 16:06 AMT

    PanARMENIAN.Net - The volume of grape purchase expected this year is
    accessed by Armenian processing companies at 150-155 thousand tons.

    As Deputy Agriculture Minister Robert Makaryan told a PanARMENIAN.Net
    reporter, the demand for the product in 2011 exceeds that reported
    in 2010 by 15-20%.

    "In 2010, average purchase price for 1kg of grapes comprised AMD
    124,4. An agreement was reached with representatives of processing
    companies against lowering the price any further," the Deputy
    Minister noted.

    "Price is formed by the market, yet largely depends on the quality
    of grapes, which promises to be high this year," the official said.

    "I believe, this year we'll have no problems with grape purchase,"
    Makaryan concluded.

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