After a few weeks of rising prices, the market is now leveling off. Regular trade continues, but additional export orders are not forthcoming. The onset of spring weather didn't help. Rinsers take a break after a hectic period.
Relatively little carrot has been traded this week. In recent weeks, traders short on supplies have been buying more. The quality of the carrot is generally much lower than we are used to. There are therefore some concerns about whether there is enough good carrot available until the end of the season. That fear has driven the recent rebound in prices.
Export is lagging behind
The stock has now been replenished and buyers are less active. However, the export of carrots has not yet gotten off to a good start. According to several traders, Dutch carrots are too expensive for export. The ongoing closure of catering establishments is not helping the market either. The shift to retail does not entirely make up for this drop in demand.
Despite, or perhaps because of, there is not much trade, prices remain fairly stable. The average price of B-carrot has increased by €0,50 to €26 per 100 kilos, with a top end of €28 per 100 kilos. At the beginning of this week some trading took place at high prices. The bottom of the market has remained the same at €24. The DCA quotation for C-carrot this week has remained the same as last week and stands at €22,50 per 100 kilos.