Onion prices behind 5-year average

The onion market has been floating in the same waters for several weeks; there is a wide spread in onion prices and the mood is calm. It was especially quiet at the beginning of this week, but as the week progressed it became busier. A number of boats for Africa caused a small revival just before Easter.

The most recent export figures are from week 9. Such as expected this was a poor export week; in fact, the provisional export figures for week 9 are the lowest of this growing season.

Regional fairs
At the top end of the 60% large onion market, the Emmeloord stock exchange and the Goes stock exchange recorded a minus of €0,25 this week. However, onion prices are comparable to previous weeks. The spread remains large and the top of the quote is determined by the outliers of the good games.

When we compare all 3 regional fairs, this gives a spread of €6 to €11 for the 60% large onions. The average price for this sorting is therefore €8,50. That is almost €3,50 less than the 5-year average, which amounts to €11,93 for 60% large onions (week 13).

(Text continues below the chart)The average stock market quotation for the 60% roughly over the years.

Bale prices
This week, the Goes stock exchange recorded a plus of €30 for 60% to 0,25% large onions. The other regional stock exchanges recorded unchanged, and also gave a calm mood. Bale prices have been stable for weeks. There only seems to be some room for the larger sizes.