An uncertain period is expected in the carrot market. Senegal closes the border in a few weeks and the question is where all our product should go. After all, there is little demand in the European Union. What does this have to do with the DCA listing of Peen?
Growers are busy with the final stages of the carrot harvest, various traders say. It is therefore still relatively quiet in trading. Lower yields were expected, but the quality now sometimes seems to leave much to be desired. For example, more and more lots are being found with ring rot and the supply of this can have a negative impact on prices.
There is also increasing uncertainty about sales. Senegal will close the border on Tuesday, December 15, which means that only Ivory Coast and Mauritania remain as African delivery countries. However, no large volumes go there. There is also not much demand for carrots from the European Union and surrounding areas. The question now arises for traders: where should the carrot go next?
DCA listing remains the same
This uncertainty does not seem to have any effects on prices this week. The DCA quotation for B-carrot amounts to an average price of €12 per 100 kilos, with a price range of €10 to €14. The price for C-carrot this week is €13 per 100 kilos, with a price range of €12 to €14. However, many traders do not know (due to the large supply, declining sales and quality problems) whether those price levels can be maintained towards the end of the year. In short, these are uncertain times in the market.