Analysis of the global onion market; store until spring or sell now?

EastFruit analysts receive many questions from vegetable market participants regarding the prospects for onion pricing. People ask what is better: selling onions now or storing them until winter or even spring? We will try to answer this question, since our team has people who have been analyzing the fruit and vegetable market for more than 20 years and have encountered similar questions many times. We will break this question down into its components, but we will start with the results of a survey about the intentions of market participants, which was posted in our Telegram channel. We asked, “What is your onion sales strategy this season?” and received the following answers. Thus, if you believe the survey results, the bulk of the onions are stored - namely, 56-57% of the onions, survey participants plan to store until spring in the hope of getting a higher price. Accordingly, a smaller part of the onion is sold now. It should be noted right away that the situation may differ ...