The Middle East imports more French potatoes

The National Inter-professional Committee for French Potato (CNIPT) recently published a report reviewing the potato prices in its different varieties and destinations.

The report highlights the fluidity that the market has been experiencing, especially the fresh produce market, as there is a clear positive trend compared to last year. However, there was a slowdown in demand this week, as a consequence of the high temperatures, which have not favored a high consumption of potatoes. The quality of the commercialized offer is generally satisfactory, the committee stated.

As usual, back-to-school operations continue in large retail chains, mainly in references positioned in the so-called core range, such as 2.5 kg presentations and small formats. There has been variability in sales (and therefore in trade flows) according to the day of the week.

Market prices have experienced some stability (or even an increase) during the last two weeks, due to a better balance between supply and demand in the fresh produce market.

Exports
In export markets, Spain has started purchasing high-quality products from France; however, there is a lack of trucks to transport the products to Spain. Meanwhile, Italy's and Portugal's demand is quite moderate.

The Middle East is buying higher volumes than at this time last year. According to the CNIPT, France is positioned in the Arabian Peninsula countries with a price-quality ratio that is more attractive than last year, even though logistics/transport costs surpass 10%.

 

Source: agronewscastillayleon.com 


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