Update: How the floral industry is affected by the war in Ukraine

In this clause , we cover how the Russian war in Ukraine is affecting the Dutch greenhouse gardening in general and the Dutch flower and flora craft in particular . Later this calendar week , we desire to get more brainwave into how exporters from other countries are touch .

No tradeLooking at the trading of flower , most worrisome is the suspension of strain traffic to and from Russia . " No flights mean no flowers " , confirm Mark Loos , director with IP Handlers . " Nothing is transport at the moment , we have to hope the state of affairs exchange for the good soon . "

Over the last week , since Russia ’s encroachment of Ukraine , there have also been no flight to and from Kyiv . Most blossom intended for International Women ’s Day were already send before .

Closed is closedWhether those bloom can be give for is yet another point in time of vexation . Not only the rouble it falling at dazzle speed , but the exclusion of Russian banks from Swift is also a major problem . " If it ’s closed , it ’s closed in and no money will add up this way , " says Marcel Zandvliet , CMO at Dutch Flower Group . “ It ’s that simpleton . In any case , thing will take longer . ”

On holdFlowerportal , A Dutch flower and plant exporter who ships a muckle of product to Ukraine and Russia , says it has put everything on hold . “ We did welcome some defrayment yesterday , ” says universal manager Christina van der Voort , “ but there are client who are now effectively unable to make up . In the coming days , we will look at potential individual solutions . ”

SwiftThe possible measuring stick to shut out various Russian banks from the international transfer scheme Swift was already announced lastFriday , but it actually came into burden this weekend . According to insider , it often is possible to work around Swift , but thing get way more complicated .

This special meter has consequences for deal and for the Russian economic system as a whole . Today , news outlets shared photo of Russian citizens en masse endeavor to get their money out of savings bank .

Trade mostly undisturbed until last FridayLast Friday , Royal FloraHolland reported that initially , the striking situation in Ukraine was not get a major impact on the trade - in heyday and plants in ecumenical . However , they did see private companies being dispatch severely . ' On Friday , February 25 , the day after the Russian intrusion started , there were no serious disturbances in Leontyne Price organization at the auction . Supply was somewhat less , however , almost all product was sold . The price of products in demand in Eastern Europe in the running - up to International Women ’s Day on March 8 are clearly lower than last class . This is specially honest for chrysanthemum , gerbera , freesia , arise , and lisianthus . However , one should report for the fact that price in 2021 were at a higher degree than in premature twelvemonth . '

InternetThe Intraday flatulence cost on the Dutch gas trading platform Title Transfer Facility ( TTF ) opened at 1.25 euro per cubical at 8:00 this morning . That is a knifelike addition as compared to the 93 euro cents it close with on Friday , but lower still than last Thursday ’s cost peak at the moment the war broke out .

petrol

Intraday gun prices this daybreak between 8 - 10 group O clock . chatter here to see actual prices .

However , after this morning spindle , prices dropped back to 1.06 euro . Until quarter 1 of 2023 , foresighted - condition contract cost are all above the 1 euro mark . It is beyond the scope of this update , but it is unclouded these prices jeopardize a sustainable future for many growers .

FuelThe Average National Advisory Price for gasoline , diesel motor , and LPG in the Netherlands also reacts to the crisis . These prices now equal € 1.90 euro for diesel and € 2.22 for gasolene . Clickherefor actual prices .