France: Processors started buying again before and after New Year

Published 2021년 1월 18일

Tridge summary

The article provides an overview of the current market situation for industrial potatoes in Belgium, the Netherlands, and France. It notes a recovery in market prices, which have increased to between 5.00 and 6.00 €/q for immediate delivery and 8.00 and 9.00 €/q for future deliveries, driven by optimism from the coronavirus vaccine rollout and the anticipation of HoReCa market reopenings. However, there is hesitation in signing contracts for the 2021/2022 season due to falling prices and increased costs. The market is also dealing with challenges such as limited supply, higher prices for red varieties, and increased demand and consumption of fresh potatoes. Sorting costs and the market situation for organic potatoes are also mentioned.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

European physical markets Price overview (source: NEPG): Belgium Market message Fiwap / PCA: Industrial potatoes: since the activities resumed in January, several industrial customers have been active on the market. Despite the price increases, the supply remains limited Bintje: prices of around 5.00 € / q for the potatoes of normal quality and the potatoes from surplus tonnes Fontane, Challenger: prices of around 5.00 € / q Formal bids are always made for the 3 varieties in order to be able to buy them at higher prices, both for the potatoes intended for immediate and for those intended for later delivery (until June). Bintje plant: little trade, but firm prices. Small sizes of potatoes are difficult to find (almost no supply). Dutch / French / Belgian factory, class A, delivered March 2021, per 10 tons, in big-bags excluding VAT: Size 28 - 35 mm: 68.00 - 69.00 € / q Size 35 - 45 mm: 42.00 - 45.00 € / q Futures market EEX in Leipzig (€ / q) Bintje, Agria and related industrial ...

Source: AGF