"I had expected the price to pull up a bit this week, because there was reasonable export last week due to the start of the Ramadam. But this didn't happen, the bale price even went down from 19 to 18 cents," continues André. According to the exporter the quality of the onions is rapidly declining with these warm temperatures. "The onions in the air cooling can be forgotten with the exception of one or two parties. There is an acceptable quality of onion coming from the frozen cooling. But there are still quite a few onions in storage."
According to André the onion price has been kept unnaturally high in recent weeks due to parties in the market that had obligations for high prices. "People tried to keep the prices high for the farmer as well as the fair prices three times, by making support purchases. Other attempts happen quite often, but that it was actually successful and to this degree, surprised me. This is reason that many sorting companies have already stopped. The fair and bale price are out of proportion. Goes noted 18 cents this week, and that's as much as the bale price. Continuing to run is no longer profitable."
All in all the export is looking back at a good season. "Reaching the million ton was an accomplishment. We had a large production, which was marketed for a decent price. This means that the farmer as well as the traders can look back at a reasonably profitable season. Now the season is almost over. The new onions are arriving two weeks later, but everyone knows that there is hardly any demand for old and new onions from the export market in the first two weeks of July. Only the domestic supermarkets will be on the market."
For more information:
Dacomex
Provincialeweg 46
Sint-Maartensdijk
Tel:0166-662550
[email protected]
www.dacomex.nl
According to André the onion price has been kept unnaturally high in recent weeks due to parties in the market that had obligations for high prices. "People tried to keep the prices high for the farmer as well as the fair prices three times, by making support purchases. Other attempts happen quite often, but that it was actually successful and to this degree, surprised me. This is reason that many sorting companies have already stopped. The fair and bale price are out of proportion. Goes noted 18 cents this week, and that's as much as the bale price. Continuing to run is no longer profitable."
All in all the export is looking back at a good season. "Reaching the million ton was an accomplishment. We had a large production, which was marketed for a decent price. This means that the farmer as well as the traders can look back at a reasonably profitable season. Now the season is almost over. The new onions are arriving two weeks later, but everyone knows that there is hardly any demand for old and new onions from the export market in the first two weeks of July. Only the domestic supermarkets will be on the market."
For more information:
Dacomex
Provincialeweg 46
Sint-Maartensdijk
Tel:0166-662550
[email protected]
www.dacomex.nl
