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Market Trends: Potato Prices Experience Notable Fluctuations

Market Trends: Potato Prices Experience Notable Fluctuations

Potato prices have experienced a decline of 0.60 EUR/100KG, equating to a 1.96% drop since the beginning of 2024. This decline is tracked through contracts for difference (CFD) that monitor the benchmark market for this essential commodity. Notably, potatoes reached their all-time high of 55 EUR/100KG in June 2023.

Looking ahead, analysts project that potato prices are expected to settle at 29.92 EUR/100KG by the end of this quarter. Further projections suggest a potential increase, with prices estimated to reach 32.86 EUR/100KG within the next 12 months, based on global macroeconomic models.