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Inside Carrot

Washed a little more carrot, but still very calm

12 March 2021 - Jurphaas Lugtenburg

Slightly more carrots are rinsed than last week, but compared to other years it remains very quiet on the carrot market. According to most traders, there is a wide supply of carrots in Europe and the demand is limited.

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According to several traders, the closure of catering establishments is an important reason why there is no high demand for carrots. There is currently no waste in this sector and this is reflected in the demand for carrots. Last autumn, on average, fewer carrots were harvested in the Netherlands. But because export demand is not forthcoming and there is sufficient supply from other regions, there is still (too) much carrot hanging over the market.

Carrot harvest has started in Spain
The harvest of early carrots in Spain has now started. These are relatively small volumes that will have little or no impact on Dutch exports. But it doesn't help sentiment on the market. According to insiders, the area in Spain and Portugal is larger this year than last year. Another important growing area for early carrots is the south of France. Reports are circulating that significantly fewer carrots have been sown in the region around Bordeaux this season.

The price of B-carrot takes a small step down in the DCA quotation this week. On average, €25,50 is now paid per 100 kilos. The lower end of the quotation remains the same at €24 per 100 kilos. The top has dropped €1 to €27 per 100 kilos. Traders indicate that they mainly trade around the bottom of the quote. This is because most growers who are now offering are afraid that they will not be able to store the carrot for long without loss of quality. The price of C-carrot remains the same as last week at €22,50 per 100 kilos.

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