It is always busier in the carrot trade before Easter, but this week it was busier than expected, it is said. As a result, there was a run on carrots at the end of the week. There is still enough supply, but the lesser batches of carrots have been cleared for the most part, which means that the DCA Carrot Listing is moving up a notch.
The price remains stable for quality batches. Lesser batches are running out a bit, which causes the bottom of the price range to move up and the prices to come closer together. According to a washer, most of the mess has now been cleared away and we seem to have passed the low point. Incidentally, there is still a reasonable supply of carrots. Easter has given the demand a boost as usual. It was even busier than some expected. It is not yet possible to say whether this demand will continue after Easter.
Not everyone has many orders in the books for next week. So we have to wait and see how demand develops after Easter. Dutch carrots are not expensive at the moment in comparison. With the current price level, exports will continue, an insider expects.
Main part remains Eastern Europe
Exports are also currently going well. It is remarkable that there is also mention of export demand from Southern Europe, where this is normally not the case. This has to do with the weather in Spain, where it is unusually cold and wet for the time of year. However, volumes are relatively limited. Belgium is also limited on the market. Most exports still go to Eastern Europe.
The lower end of the DCA Carrot Listing for B-carrots is moving up a notch. The listing is going from €12 to €15 per 100 kilos to €14 to €15 per 100 kilos. The price for C-carrots, which are still not traded much, remains the same at €18 to €20 per 100 kilos.
Read here is the explanation from DCA Market Intelligence on the new quotations.