Analysis Potatoes
Netherlands outlier in the potato market
The trend is clear in the potato trade. Prices are under pressure and where the Belgians were lagging behind in the rising market a few months ago, they are now taking the lead in the current declining market.
It is quite remarkable how quickly the sentiment in the potato market can change. From: 'when will potato prices take the next step up' the prevailing sentiment is now much more: 'where is the bottom'. Belgium, Germany, and France were very unanimous in the last price round about the price for Fontane: €20, no more and no less. The Dutch PotatoNL deviates very significantly from the other countries of the EU-4 with €27 to €30 for the Fontane category. This puts the PotatoNL - which reports on Mondays - even higher than, for example, a Belgapom and Reka from the previous Friday.
Flattered
The DCA EU-4 Potato Index stands at €24.65 per 100 kilos this week. It is mainly due to the Dutch contribution that the drop in the Index is limited to €4.30 compared to a week earlier. With a somewhat critical look, it can be said that the Index therefore gives a flattered image of the potato market.
