02.
06.23
Tight stocks - fixed prices for potatoes

Kartoffeln News, 06/02/2023

Bullish
  • Old-harvest goods largely cleared
  • Hardly any free lots on the market
  • Late Harvest
  • Asparagus and barbecue season
Bearish
  • Growing areas in Germany
  • Upcoming import goods
  • quality discounts
International listings €/german
country listing variety previous week Current the change
Netherlands PotatoNL Cat. 1 44-50 50-50.50 3.25
Belgium Belgapom Fountain 50.00 53.00 3.00
France RNM Fountain 40.00 50.00 10.00
Germany Reka Fountain 45.50 50.00 4.50

There are hardly any stocks left on the market for processing potatoes and these are also being cleared quickly. If free lots can still be found, they will quickly find buyers. This shows that the fundamental data on the potato market has not changed in the past few days. How popular the raw material for frying is is also evident in the Netherlands and above all in Belgium. Here, too, the market participants expect that beyond the contract tubers, the warehouses will be largely empty. This is also reflected in the prices, which have increased significantly in the past few days. The June date, which is now expiring, was also able to increase again on the stock exchange and stay above the 50 euro mark. The EEX index also increased in the second week to EUR 50.70. In the market for ware potatoes , the supply has further reduced significantly in the past few days. Above all, tubers from the Spanish region are hardly ever imported and the local goods can hardly be found on the shelves anyway. The market for food is also correspondingly short on supply. In some regions, the first potatoes are expected in one to two weeks.Here, however, you have to reckon with compromises, especially with the shell stability. With a view to the coming weeks and the early harvest of the film stocks, many market participants are expecting a very tight supply until the outdoor tubers are ready to be harvested. The late plantings are also becoming more and more noticeable here.

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ZMP Live Expert Opinion

Things remain exciting on the potato market. The stocks are largely cleared and the wait for the new harvest begins. The coming weeks will probably show how tightly the market is really supplied and whether the prices can continue to rise, when the contracts are also reduced.

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10.
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14:53

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