The downward movement in the carrot market continues this week. However, this can also have a positive effect. Traders expect that exports can now pick up cautiously.
The decline in carrot prices will continue this week, although this does not come as a surprise to growers and the trade. There is clearly pressure on prices and sales are not (yet) continuing to be fantastic. Traders speak of an unpredictable market: one moment you are busy and the next moment it is very quiet.
Will a lower price promote sales?
On the one hand, a falling price is normal at this time of the year, but on the other hand, it is also reported that the market is a lot calmer. The fact that there is currently less trade is partly due to the fact that many Belgian buyers have withdrawn from the Dutch market. From now on, they will focus on contract carrots and start harvesting themselves.
However, the coming period is also looked at with some positivity. Now that prices are falling, it is expected that the Dutch carrot will become more attractive again for overseas destinations. The focus is mainly on Africa. Now Senegal the borders has officially opened for onions and carrots, it is expected that demand from this region will increase. In addition, the end of the holiday period also plays a role in the more positive view of the export market.
How far will the quote drop?
It is therefore no surprise that the DCA listing Peen shows a decline this week. The question is, how much will the price drop? The quotation for B-carrot this week amounts to an average of €25 per 100 kilos, with a price range of €22 to €28. This concerns a decrease of €2,50, which is less significant last week.
For C-carrot, the average price is €21,50 per 100 kilos, with a price range of €18 to €25 (-€5,50). In the case of C-carrot, it is reported that there are quality differences, which means that the bottom is only recorded for the fewest batches. Prices are expected to drop even further in the coming weeks.