All the pieces fall together perfectly at onion market

A good to average onion harvest and good exports since the start of the season have kept the market clean. The onion sets were almost gone when the first sowing onions arrived and delivery from the field seamlessly transitioned from storage. January was a quieter month, but in February demand started earlier than expected. Nowadays, no one is talking about keeping the market clean anymore, but the question is: how many onions do we have left until the new harvest and will we survive? And in such a market that is becoming somewhat captivated by tight supplies, the price can sometimes skyrocket.

Flywheel
Some players in the onion market are somewhat critical of the role that speculators play in driving up the price. And of course they play a role in that. But several sorters also indicate that they do little more than give the flywheel a push in the right direction at the right time. Ultimately, it is the sorters themselves who can give increasingly higher prices and also pass this on to their customers. In that respect, all the pieces of the puzzle fit together perfectly and everyone can earn a very decent amount of money from the onions. And although various parties have now paid €1 per kilo, don't be surprised if the price goes up another step, according to insiders. "We normally make an Excel sheet once a week with the bale prices. Now we have daily prices and we are very careful with what we do, we want to be able to continue for the rest of the season," said a sorter.

The DCA quotation Bale price of Onions also takes a big step up this week. It is difficult to provide a good reflection of the market. Prices vary from day to day and these are not minimal differences. There are also traders who are careful with their stock but do not dare to say no to customers and then quote a very high price. Every now and then a customer says yes. But whether that is a good representation of the market is up for debate.