Low Tomato Prices in the French Market in W44 Due to High Supply

Tomatoes of all origins are currently sold at low price levels in the French market due to the high volumes of tomatoes available. In W44, French merchants are offering no more than USD 0.44/kg for tomatoes of Moroccan origin at an open price at DAP Perpignan. At this price offered, the production costs are not covered, hence Moroccan producers have more interest in selling their tomatoes domestically. Market players believe that the price has reached its lowest level and will increase over the next several weeks as supply drops.