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Why do prices of the same product differ between markets?

Because markets trade different varieties, grades, sizes, origins and packs, in different seasons and currencies, and at different stages of trade.

A wholesale market in a producing region and one in a large consuming city can quote the same product at very different prices: transport, storage and losses add to the cost along the way.

Quality and presentation matter as much as the product itself. Organic, premium, large or carefully packed produce is quoted separately and usually higher.

Converted prices also reflect exchange rates and local price levels. That is why Husfarm compares like with like where it can, separates product types, and uses medians, which are not moved by one unusual market.

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