The big rush is over in the onion trade, we can draw that conclusion after this week. A considerable group of sorters has stopped or is only using up the last leftovers. But the onion world is not yet out of surprises.
Now that there are not many players anymore on the onion market, prices are still making remarkable movements. There is no longer much trade, that should certainly be noted, but the sporadic grower with a few loads of free onions and some speculators with onions in their hands dare to ask €1 again. However, interest among sorters is limited. Quality also plays a role. Claims because the customer believes that the product does not meet the quality requirements are commonplace. And due to the relatively high prices, the amounts involved are high and the profit margin disappears like snow in the sun.
Fit and measure
The sorters who continue to work are mainly puzzling over how they can bridge the month until the first new onion sets with their own stock, whether or not supplemented with imports. If you can secure onions for, say, €20, it is slightly easier to keep a larger stock in case the onion onions arrive two weeks later due to a wet period around harvest, for example, than it is now if you go towards €100.
De DCA quotation Bale price of Onions makes another final sprint. Differences between business done at the beginning or end of the week and between traders remain large. €100 is now made for coarse and supers. But both up and down are significant outliers. Upwards, it often involves a few pallets to fill the truck and downwards, an agreement has often been made about the immediate settlement of any claims. Since €100 for sorted onions is no exception, it can be called remarkable. It didn't look like that a month ago.