28.
11.24
News about the potato market

Potatoes News, 28.11.2024

Bullish
  • Stimulus expected from Christmas business
  • Stock goods were able to maintain prices
  • Prices for industrial goods heterogeneous
Bearish
  • Fresh goods with markdowns due to quality defects
  • EEX potato prices show negative trend

There is currently little movement on the table potato market. The markets remain calm and balanced ahead of the Christmas season. There is currently no sign of an upturn in demand due to the Christmas trade. However, this should change in the coming weeks. Prices for sweated goods have largely held their ground. The quantities of the current harvest that have not yet been sold have often suffered discounts due to quality defects.

Quality also plays a significant role in pricing on the industrial potato market. There is no clear direction in which prices move. Rather, it depends on the respective processors.

Potato prices on the EEX in Leipzig continued their downward trend for the most traded April contract. The market seems to be expecting a further move southwards.

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ZMP Live Expert Opinion

The impetus for the Christmas business has so far failed to materialize. Fresh produce has suffered markdowns due to quality defects. The EEX futures exchange is showing a negative trend for the April contract.

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