YEREVAN. – High wholesale price of Armenian apricots has created big problems for its sales in Russia, project manager of Spayka company said.

Karen Baghdasaryan, manager of project department at company exporting fresh fruits and vegetables from Armenia, said difficulties were created following the hailstorm in Ararat valley.  

“In fact, Armenia has already exported more than 20 tons of apricots this year, almost twice as much as in the past. We also know that there would be no deficit, but the panic caused by a hailstorm increased the starting price considerably,” Baghdasaryan told Armenian News-NEWS.am.

Therefore, the company has purchased relatively small batch of apricot: about 2.5 thousand tons. However, the company representative said their caution was justified. Many Armenian businessmen purchased apricots at a high price, and failed to sell fruits in Moscow, as it was too expensive for the Russian market.

After this year’s failure, next summer the interest of Armenian exporters to apricot, and therefore its price, may fall.