The top of the carrot price seems to have been reached. This week the price stabilizes and thus ends the price increases of recent weeks. However, there is still a reasonable demand for old carrots.
The carrot season is coming to an end. The first rinsers have now stopped or will soon stop processing carrots. The high purchasing prices are the deciding factor. These rinsers indicate that they can make little or no margin at the current carrot prices. Another part of the processors expects to continue with the old harvest for a number of weeks. They say they have normal work at the moment, although it is not busy at most companies.
Tenacious sellers and cautious buyers
Growers who still have free carrots are holding on to the relatively high prices and do not want to drop. There is not a lot of good carrot on the market and they expect a buyer to come along.
On the other hand, flushers and traders are cautious about buying. Several buyers are switching to new carrots from Southern Europe, which means there is less demand for storage carrots. Traders do not want to be left with stock at the end of the season. It will soon become clear who is right.
Price stabilizes
The DCA quotation for carrots remains the same this week as last week. B-carrot costs an average of €31 per 100 kilos. At the top end of the market, outliers of up to €35 per 100 kilos are reported. Mainly Belgian buyers pay these high prices. However, the average quotation for the top end remains at €33 per 100 kilos.
The DCA quotation of C-peen has also remained the same as last week at €35 per 100 kilos. The price range has become slightly narrower, with prices between €31 and €39 per 100 kilos, but remains high.