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Inside Carrot

Carrot trade to Eastern Europe not (yet) underway

19 March 2021 - Jurphaas Lugtenburg

Major changes in the carrot market are not forthcoming this week. The picture is largely the same as last week. Trade continues. Normal work continues, but large orders for Eastern Europe are not coming in yet.

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Market sentiment is lackluster at the moment. Some traders bought (too) expensive carrots a few weeks ago in the hope that exports would pick up. That carrot is now a nuisance.

Traders expect retail demand to increase slightly towards Easter. The demand for carrots from Belgium and Germany remains good. The orders that go there are not very large, but quite a bit of carrot disappears. And as a trader notes: "Normally we need old carrots until June 15. A lot can still happen until then."

Eastern Europeans inform, but do not buy
Several traders notice that there is more information from Eastern Europe. It has not yet led to trade. In recent weeks, the Dutch carrot has had competition from carrots from Italy. Various Eastern European countries also appear to have more of their own carrots in storage. The price of Dutch carrots is on the high side for those destinations and that does not exactly work in favor.

Despite the weak mood this week, the price of B-Peen remains the same as last week. According to some traders, prices of around €30 per 100 kilos are still paid for very good quality carrots. The average DCA quotation is €25,50 per 100 kilos. The price of C-carrot has fallen by €0,50 per 100 kilos. The average price is €22 per 100 kilos. According to traders, the decline is due to the closure of catering establishments. That's where the C-carrot mainly goes.

View the latest quotes here.

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