06.
09.24
News about the potato market

Potatoes News, 6th / Sep / 2024

Bullish
  • Slightly higher demand for new potatoes
  • Increased storage activities planned
Bearish
  • Hardly any market activities
  • Surplus supply puts pressure on prices
  • End of vacations did not result in increased demand

This week, the potato market remains characterized by a certain stagnation. Domestic batches dominate the market, while a few French lots were registered in Munich. The absence of Italian offers clearly shows that market dynamics are currently rather subdued. Traders are reporting calm demand, which means that adjustments to previous demands are only sporadically necessary. Only in Berlin and Cologne have prices been reduced slightly, but this has had little impact on general market availability.

Producer prices for table potatoes continued their downward trend due to increased supply. Thanks to optimal weather conditions, harvesting work is progressing rapidly; however, there is a lack of demand-side impetus. The end of the vacations did not bring the hoped-for revival of the market - only a few targeted advertising campaigns by food retailers provided a slight boost to demand. For the coming weeks, there is now hope that stockpiling activities by producers will reduce supply pressure and thus allow prices to stabilize.

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ZMP Live Expert Opinion

The potato market is largely stagnating. Domestic batches dominate the market. Producer prices for table potatoes continue their downward trend due to the increased supply. Harvesting work is progressing rapidly due to favorable weather conditions. The end of the vacations did not bring the hoped-for revival of the market.

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10.
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14:53

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