12.
04.24
Balanced markets

Potatoes News, 12th / Apr / 2024

Bullish
  • Harvest 2023
  • problematic planting 2024
  • good TK demand
Bearish
  • Imported goods come into the food retail trade
  • less demand for free quantities
International quotations €/dt
country Quotation variety Previous week Current the change
Netherlands PotatoNL Cat. 1 34-40,00 35,00-40,00 0.50
Belgium Belgapom Fountain 35.00 35.00 0.00
France RNM Fountain 35.00 35.00 0.00
Germany Reka Innovator 39,00 39,00 0.00

Trading on the EEX remains quiet. This week, too, there is no trading turnover on the Leipzig stock exchange. The EEX index is unchanged this week compared to the previous week. Quiet trading activity is reported from France on the processing market . Plantings there are repeatedly interrupted by rain showers and thunderstorms, and damage to the first plantations is also reported. The RNM quotations have remained unchanged for two months now. The effective market for free goods is quiet. Many producers have already cleared out their warehouses, it is said. As in Germany, there is little turnover on the Belgian market. According to estimates, the inventories still held by producers in their barns are at about the same level as last year, but it is reported that the proportion of free processing goods is higher than last year. Supply and demand are in balance. Belgapom and Reka are leaving their quotations unchanged today. Imported goods from Israel and Egypt are playing an increasing role on the food market . Their inventories in the ports are growing, and supply and demand are described as balanced. Imported goods are more prevalent in the southern half of Germany than in the north. Many producers here are still able to deliver.

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ZMP Live Expert Opinion

The potato markets remain stable. There is no impetus in one direction or the other and, given the current news, it does not seem likely that this will happen for the time being. The transition from season to season will be exciting.

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