Belgium: Fixed mood potato market leads to higher quotations

Published 2022년 4월 28일

Tridge summary

The potato market in Belgium is experiencing a balanced supply and demand, according to research institutes PCA and Fiwap. The market is seeking potatoes for chip production and exports, but the supply is limited due to spring work. The price for Fontane and Challenger varieties is around 20-22 euros per 100 kilos, a increase of 1 euro from the previous week. The price for Bintje is not indicated due to a lack of transactions, and it was set at 20 euros per 100 kilos last week. The quotation for French fries has increased by 50 cents to 20.50 to 22.50 euros per 100 kilos. The quotation for chips potatoes like Agria and Markies has increased by 2 euros to 25 to 30 euros per 100 kilos. The settlement for the April contracts on the potato futures market will be around 21 euros per 100 kilos, and the quotation for June contracts is about 24 euros per 100 kilos, an increase of 2 euros from a month ago.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A fixed mood means that there is a good balance between supply and demand on the potato market. In Belgium, research institutes PCA and Fiwap write in the weekly market report that the trade and processors continue to ask for potatoes suitable for chips and potatoes that are mainly intended for export. However, the offer is limited due to the busy spring work, the Belgian analysts report. PCA and Fiwap note this week for Fontane and Challenger 20 to 22 euros per 100 kilos. That is on average 1 euro more than last week. Due to a shortage of transactions, no price indication can be given for Bintje. The grower's price for Bintje was set at 20 euros per 100 kilos last week. Processing into fresh fries At the start of this week, PotatoNL's quotation for French fries in category I rose by 50 cents to 20.50 to 22.50 euros per 100 kilos. For chips potatoes that are not intended for large-scale processing, such as Agria and Markies for processing into fresh chips, the quotation was ...
Source: Nieuwe Oogst

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