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Dutch pepper prices drop

This article was originally published in Foodnews

HIGH supply volumes have caused pepper prices to slump in the Netherlands since Easter. The average price for red peppers fell to EUR1.30 per kilogram (USD1.86/kg) in week 18, a reduction of EUR0.80 (USD1.15) compared with the week before. Yellow and orange peppers have fallen by a similar amount. Green pepper prices began falling in week 15 and are now stable at around EUR1.30/kg, Groenten & Fruit reports. However, the situation is expected to improve for Dutch growers, as competitors – notably Israel and Spain - have more or less dropped out of the market and demand on north European markets is growing.

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