The stock exchange committee in Emmeloord showed a plus in its quotations for the first time in weeks. The Easter holidays were anxiously awaited in the hope that the market would continue. This week, the export figures from week 11 came to...
This week the export figures for week 11 were released. The 11.960 tons is the second lowest export figure of this season. After overseas exports to Asia and Africa had shrunk considerably, the focus of exporters mainly turned to Europe. However, Dutch onions were too expensive for many European destinations. Due to low exports, both farm prices and bale prices subsequently fell.
The lower bale prices last week triggered a number of Eastern European destinations to buy more Dutch onions. Exporters are now trying to raise bale prices, but are currently unable to do so. An overview of the bale prices can be found in the DCA listing bale price onions.
Farm prices are not continuing
Then last week the fair committee in Emmeloord the onion quotation increased by €0,50, many growers hoped that farm prices would continue their upward trend this week. However, because many destinations drop out due to higher bale prices, the farm price remains at an unchanged level.
The stock exchange committee in Goes increased its quotation this week by €0,50, bringing the quotation to €12,50 to €16,00. The odds in Goes and Emmeloord remained unchanged. While the stock exchange committee in Emmeloord described the market as price-sustaining last week, it now describes the market as calm, which means that supply is greater than or equal to demand.