The carrot price is making a big jump in the tail end of the season. The upward movement started last week and it will continue this week. This makes the end of this season very similar to last year.
New carrots from Southern Europe are coming onto the market more often, but there is still demand for carrots from storage. Most rinsers expect to run on storage carrots for a few more weeks.
Various parties have noticed that demand has decreased slightly this week. The high prices seem to play an important role in this. Buyers in the high-quality segment in particular are switching to the new harvest from Southern Europe. Partly because the price difference between old and new carrots is becoming smaller and partly because there is little top quality carrot available from storage.
Be careful when buying
Most washers now try to run as much as possible on their own stock and only purchase limited amounts of carrot. According to them, selling prices are not rising sufficiently. According to most flushers, there is hardly any margin to be made at current prices. Several traders are afraid that at current prices the demand for carrots from Eastern Europe will drop quickly, which means they are being a bit more cautious when buying.
The relaxation of the corona measures, including the opening of the catering industry in large parts of Europe, is increasing the demand for C-carrot. Good C-carrot is currently very difficult to obtain throughout Europe, according to most traders. The price for C-carrot therefore rises to €40 per 100 kilos for boxes where sufficient carrots can be rinsed.
Price flies up
The DCA listing has jumped upwards this week. The average price for B-carrot this week is €31 per 100 kilos. That is no less than €6 higher than last week. The top of the quotation is €33 per 100 kilos.
C-carrot has risen even faster in price this week. The DCA quotation is €35 per 100 kilos. The price range is very wide at €30 to €40, caused by the large differences in how much carrot can be flushed from a box.