Relatively few large red onions were harvested this year. This is not only the case in the Netherlands, but also in the countries around us.
Exports have been significantly quieter in recent weeks, because the stocks already delivered had to be cleared before new orders were placed. Demand from Africa has started to increase again in recent days. A few more boats are planned and Africa is questioning again. Not only Africa is signing up for Dutch onions. Europe, Asia and to a lesser extent Central America are reporting to Dutch exporters.
The stock exchange committees in Emmeloord and Middenmeer describe the onion market as quiet. This means that supply is greater than or equal to demand. Few transactions were completed this week.
When we look at the stock market quotations of yellow onions, not much has changed this week. Only the out-of-storage listing in Goes for the 30-60% coarse sorting showed a negative difference this week. Furthermore, all stock market prices for yellow onions are the same as last week.
Big price difference between coarse red onions and medium sizing
For red onions, there is mainly a demand for large batches. There are few large red onions available both in the Netherlands and in the countries around us. The high prices currently paid for large red onions are therefore mainly based on a possible shortage later in the season. There is therefore a huge difference between the coarse onions and the medium grade. The average stock price for the 30-60 sorting in red this week in Emmeloord is €17,50, for the 60% upward sorting this is €21,00.
Bale prices remain stable. An overview of these bale prices can be found in the DCA listing Bale price Onions.