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Inside Onions

Demand is missing in the onion market

4 January 2019

It is very quiet on the onion market at the moment. Due to the lack of demand from the export destinations, it is very quiet in the sector during the first days of 2019.

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The most recent export figures show that exports have slowed down a notch. To Senegalese quota to fill, which has been extended until January 15, quite a few onions have been exported to Senegal in recent weeks. The country will therefore have to meet again in the coming weeks to discuss exports.

The other destinations from Africa also purchase a lot fewer onions. They are currently increasingly switching to the local harvest.

When is Europe coming? 
Things also remain quiet from European destinations. There is some interest here and there, but the (large) orders are not forthcoming. The question remains when Europe will enter the Dutch market more emphatically. The European destinations are also experiencing major shortages this year, which may mean that they will enter the market in the Netherlands sooner. However, it is also possible that they will clear their own stocks first for quality reasons.

Because it is quiet on the export market, it is also quiet among the growers. They receive fewer phone calls and visits than a few weeks ago. During the previous sales round, many packers purchased large volumes of onions, many of them in the long term. These stocks will first be used up before they report back to the growers.

Unchanged for 5 weeks
The regional fairs Middenmeer and Emmeloord are trading unchanged in all their gradings. Due to the New Year, the Goes stock exchange was not listed. There have now been no changes in the odds for 5 weeks in a row. The Emmeloord stock exchange is in a price-oriented mood and the Middenmeer stock exchange is in a calm mood.

De bale prices also remain unchanged. The medium sorting is slightly under pressure (with an average of €47). The other measures remain at the same level.

The stock exchange in Emmeloord is once again stable.

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