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Oilseeds
Aug 5, 2021

Sesame seeds: price hike continues

NEW DELHI. Trading has revived in the sesame seed marekt as a new tender is expected anytime soon. Covid-19 restrictions have also been eased in India. This certainly has an impact on prices.
Dried Fruit
Aug 5, 2021

Dried figs: heat causes fruits to shrivel

AYDIN/TEHRAN. Extreme heat is causing enormous damage to the fig trees in Turkey. There is no relief in sight as temperatures are forecast to remain high. Growers in Iran can, by contrast, hardly believe their luck.
Dried Fruit
Aug 5, 2021

Raisins: buyers advised to wait

TEHRAN/BEIJING. Although exports are only nominally up on last year in the first quarter of the Iranian year, which runs from late March till late June, average export prices range on a similar level. Demand is, therefore, certainly up for raisins. Grapes are, however, not only being harvested in Iran but also in China, where production estimates have been issued.
Oilseeds
Aug 5, 2021

Flaxseed: heat reduces yields

NUR-SULTAN/OTTAWA. Flaxseed farmers are confronted with persistenly high temperatures exceeding 40C (104F) in Eastern Europe and in Canada. As the heat causes the pods to hold less seeds, yields will range much lower than anticipated. Pests are also an issue.
Nuts
Aug 4, 2021

Cashews: RCN supplies are not the issue

REUS/HANOI/NEW DELHI. The International Nut and Dried Fruit Council (INC) reckons that global cashew production will be similar in size to the current season in 2021/2022. Drought will, however, partly impact production in Africa. Prices have , meanwhile, turned in different directions in Europe and in India.
Oilseeds
Aug 4, 2021

Sunflower seeds: conflicting reports over new crop

SOFIA/CHISINAU. Reports over the state of the sunflower seed crop are conflicting. While some suppliers reckon that the crop is developing well, others state that the crop is “on fire” in Bulgaria, Romania and in Russia. Heat is also an issue in Moldova. Fact is that the weather is extremely hot, and that rain is urgently required.
Oilseeds
Aug 4, 2021

Blue poppy seeds: disagreement over prices

CHRUDIM. Attention is now on the new poppy seed crop in the Czech Republic. Opinions, however, differ as to what way prices will turn at the start of the new season. Issue is that the market is witnessing the latest start to the harvest in ten years.
Dried Fruit
Aug 4, 2021

Barberries: exports more than double

TEHRAN. Barberry exports have more than doubled on last year in the first quarter of the Iranian year (21 March - 20 June). Now the situation has, however, turned. Many farmers prefer not to sell.
Nuts
Aug 3, 2021

Almonds: exports top expectations

MADRID/SACRAMENTO. Exports in May have taken Spain by surprise. Issue is that more almonds were shipped overseas than anticipated. The strong export season in the US also has its downsides as market players are now voicing concerns that carry-over supplies will not be able to meet demand until the new crop arrives.
Dried Fruit
Aug 3, 2021

Dried apricots: sharp rise in prices

MALATYA. Growers in Turkey are highly satisfied wit the current famgate prices for dried apricots. Exporters have issued first prices for shipments of the new crop. Caution, however, prevails as it is highly risky to issue offers at present.
Dried Fruit
Aug 3, 2021

Sultanas: vines suffer from heatwave

MANISA. Temperatures still range above 40C (104F) in Turkey. There is no sign of improvement in the next few days. A starting date for the harvest has, nevertheless, been set meaning that the production of sultanas and raisins will certainly go ahead soon.
Nuts
Aug 2, 2021

Macadamias: production estimates slashed for Australia

REUS/PRETORIA. While the International Nut and Dried Fruit Council (INC) still reckoned that Australia would become the world's leading producer for macadamias in March, things have changed now. Issue is that adverse weather conditions have impacted production here. Global production estimates have also been revised downwards.
Oilseeds
Aug 2, 2021

Pumpkin seeds: encouraging prospects for new crop

BEJING. Harvesting will start in August and there is no need for concern in China. That is if the current weather conditions prevail. Buyers, however, prefer to wait for the new pumpkin seed crop.
Nuts
Aug 2, 2021

Brazil nuts: production declines send prices flying

REUS. Prices for Brazil nuts have been on the rise for months. The International Nut and Dried Fruit Council (INC) now estimates that global production is set to decline by more than 17% in 2021/2022. Prospects are anything but encouraging in Bolivia and in Brazil at present. In Peru the situation is, however, entirely different.
Nuts
Aug 2, 2021

Hazelnuts: Ferrero about to set course for new season

ORDU. While President Erdogan is expected to announce the TMO bid on Tuesday or on Wednesday, traders point out that this is not quite as important as Ferrero’s response. Large exporters in Turkey may incur heavy losses. That is if the lira retains its new found strength. Demand in Europe is still frustratingly low.
AUDITOR Issues
Jul 30, 2021

The AUDITOR Issue 29/2021

Download the latest weekly edition of the AUDITOR containing objective market reports, reliable price charts and market prices along with the most up to date market statistics offering all you need to trade successfully.
Spices
Jul 30, 2021

Spice market update: monsoon causes delays

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.
Oilseeds
Jul 30, 2021

Sesame seeds: quality is an issue

NEW DELHI. Upcountry demand is on the rise for sesame seeds in India. Supplies are running low over quality issues. Suppliers, however, reckon that they will stand a chance when South Korea issues a new tender soon.
Dried Fruit
Jul 30, 2021

Dates: first estimates on damage

TEHRAN. Iran’s date market is confronted with a water crisis. Not only has the country been hard hit by drought and extreme heat this year the situation is also compounded by inefficient irrigation systems and unauthorised wells. Estimates state that there are around 400,000 non-licenced wells in the country, over which there is no control. The Iranian Date Association has also issued first estimates on the damage caused by adverse weather conditions for this year’s crop.
Oilseeds
Jul 29, 2021

Blue poppy seeds: harvest is about to start

CHRUDIM/BUDAPEST. The Czech Republic's poppy seed harvest is about to begin. In Hungary, the process has already been completed. Meanwhile, prices for the old and the new crop are converging.
Spices
Jul 29, 2021

Saffron: production is at risk

TEHRAN. Although saffron is the most valuable agri product Iran has, farmers lack incentive to grow the spice. Issue is that saffron prices have remained fixed in the domestic market in recent years, whereas the prices for most other goods have risen. Drought, low farmgate prices and very high production costs are even expected to put a stop to production in Iran.
Dried Fruit
Jul 29, 2021

Dried cranberries: experts predict an increase in production

MADISON/OTTAWA. After two years with comparatively low production results, the forecasts for the availability of dried cranberries for the coming season are significantly better now. Meanwhile, prices on the European spot market show little change.
Nuts
Jul 29, 2021

Cashews: high freight costs raise some doubts

HANOI. The container shortage has driven up freight charges massively in recent months. In Vietnam, there are now initial doubts whether price increases to this extent are justified.
Grains
Jul 28, 2021

Buckwheat: container shortage causes export prices to rise

BEIJING. Due to lucrative alternatives for farmers, buckwheat cultivation in China is declining this year. However, the yield prospects are good. Meanwhile, exports from China to Germany took a positive turn in the current season.
Oilseeds
Jul 28, 2021

Flaxseed: experts reduce estimates for Kazakhstan

NUR-SULTAN. Due to the ongoing drought, experts have significantly reduced their estimates for the new the flaxseed crop. The Kazakh Grain Union (KGU) reckons a significantly lower acreage. Meanwhile, buyers and sellers can hardly agree on a common trade price.
Nuts
Jul 28, 2021

Desiccated coconuts: all bad things come in threes

MANILA. In the Philippines, producers are facing rising coronavirus case numbers on the one hand, and the difficulties caused by the typhoon season on the other hand. To make the disaster complete, freight costs have reached a record high that could last until 2022.
Oilseeds
Jul 28, 2021

Sunflower seeds: bumper crops are possible

SOFIA/KIEV. Quite unlike last year, the prospects for sunflower seeds are still highly encouraging in many producing countries. Market players in Bulgaria are reckoning with lower prices at the turn of the season. China is shipping large volumes into the EU.
Dried Fruit
Jul 27, 2021

Dried apricots: demand for organic goods is rising

MALATYA. Turkish exporters expect the first shipments of the new crop to take place in mid-August. Meanwhile, traders are reporting an increasing interest in organic products.
Nuts
Jul 27, 2021

Pistachios: negative inventory sparks confusion

TEHRAN/SACRAMENTO. Although Iran’s exports for the current season are 63% up on last year through to 21 June, they fall short of US exports. The Iran Pistachio Association has, in addition, reported a slip. Issue is that ending inventories for 2020/2021 range at an impossible -5,600 mt, which cannot be accounted for unless production estimates are revised. This is exactly what the association intends to do in October.
Dried Fruit
Jul 27, 2021

Dried figs: export prices are increasing

AYDIN. The shortage of goods suitable for export is causing prices to rise. Meanwhile, the focus is already on the new crop.
Dried Fruit
Jul 27, 2021

Sultanas: extreme heat to hit Manisa

MANISA. Temperatures in Turkey are expected to reach up to 40°C in the coming days. The examination of the grape fields in Manisa should enable a better forecast of the crop. Meanwhile, it is reported that due to last week's holidays, sultana exports came to a standstill.
Dried Fruit
Jul 27, 2021

Prunes: long awaited price indications from Chile

SANTIAGO. After market players had to wait in vain for several weeks for prices for Chilean prunes, traders now announced the first price indications - and they are not what everyone expected.
Nuts
Jul 26, 2021

Almonds: Spain should take advantage of its position

MADRID/SACRAMENTO. During the 5th Meeting of the Spanish Almond Industry, around 150 representatives of the sector met to discuss current issues. Meanwhile, the drought in the USA and the general prospect of declining production figures in important growing countries are causing almond prices to rise.
Nuts
Jul 26, 2021

Hazelnuts: raised eyebrows over prices

ORDU. Turkey is back again this week with President Erdogan expected to announce the TMO bid for hazelnuts anytime soon. Traders reckon that Erdogan will try very hard to avoid trouble. Buyers are highly irritated over the prices for the new crop. On top of this, not all news on this year’s crop is good.
Nuts
Jul 26, 2021

Walnuts: stocks to melt away

REUS. The International Nut and Dried Fruit Council anticipates an 85% slump in end-of-season stocks in 2021/2022. This is mainly driven by China's below-average carry-over stocks. While global inshell walnut production will only range nominally higher than in 2020/2021 at 2.31 million mt, consumption is expected to rise by 9% to 2.46 million mt. Spot market prices in Europe are expected to take a jump at the start of the season.
Oilseeds
Jul 26, 2021

Pumpkin seeds: export demand remains absent

BEIJING. In the Chinese pumpkin seed market, the decline in acreage meets exorbitantly high freight rates. Buyers from overseas are correspondingly cautious. Meanwhile, exporters disagree about further price developments.
AUDITOR Issues
Jul 23, 2021

The AUDITOR Issue 28/2021

Download the latest weekly edition of the AUDITOR containing objective market reports, reliable price charts and market prices along with the most up to date market statistics offering all you need to trade successfully.
Dried Fruit
Jul 22, 2021

Dried figs: limbo impacts prices

TEHRAN. While figs are being harvested in Iran’s Gilan and Mazandaran provinces and first local estimates on the new crop are available, the nuclear deal is having an impact on prices in the export market. Problem is that talks over a possible return of the US to the Joint Comprehensive Plan of Action (JCPOA) were suspended in Vienna nearly four weeks ago leaving the deal in limbo.
Dried Fruit
Jul 22, 2021

Raisins: technology is key

TEHRAN. Raisin production has started in Iran’s Kohrasan Razavi province. Harvesting is also underway. According to the local Agricultural Organization there are around 45 facilities for processing grapes and raisins. Traders, however, report that technology is an issue as the raisins processed here frequently fail to meet minimum health requirements in the countries to which they are exported. Excessive heat has also left its traces in the vineyards.
Oilseeds
Jul 22, 2021

Sunflower seeds: heated debates over Russia

SOFIA. In how far Russia will able to hold on to the export duties of 50% is a matter of heated debate at present. Although local reports issued in Ukraine state that production will range lower than anticipated in Russia, a rise is still expected on last year. Imports to the EU have plummeted in the first half of July.
Oilseeds
Jul 22, 2021

Flaxseed: Canada gains market shares on Russia and Kazakhstan

OTTAWA/NUR-SULTAN. Heat and drought persist in Canada. Fortunately, flaxseed is more resistant than other agricultural commodities in dealing with these extreme weather conditions. Recent import data in Germany shows that Canada is gaining in Europe.
Oilseeds
Jul 21, 2021

Pumpkin seeds: suppliers need to be patient

BEIJING. Pumpkin seed suppliers in China need to be patient. Issue is that most customers are on holiday. Prices have, nevertheless, changed.
Spices
Jul 21, 2021

Spice market update: price turnaround in India

GUJARAT. Weekly monitoring with the latest market update from India on cumin, coriander and turmeric, chilli, black pepper and cardamom along with a price list for more than 70 food products.
Oilseeds
Jul 21, 2021

Sesame seeds: sowing 17% down on last year

NEW DELHI. Farmers in India are busy sowing sesame seeds for the kharif crop. Recently issued data by the Directorate of Oilseeds Development in Hyderabad has, however, confirmed concerns. Buyers in Germany have turned to alternative sources as newly issued import data shows.
Nuts
Jul 21, 2021

Pine nuts: China's shocking dependency

BEIJING/REUS. The pandemic has disrupted supply chains and highlighted incremental problems. Pine nuts are no exception to this. The market was, however, stunned to find out to what extent China depends on external raw material supplies. China's production consequently fell well short of expectations in the current season due to supply chain disruptions. Production estimates have now been slashed by nearly 50%. Things are, however, expected to improve in 2021/2022.
Dried Fruit
Jul 20, 2021

Dried figs: shortfall in production

AYDIN. The fig harvest is making good progress in Turkey. Growers are very much hoping for higher dried fig prices in 2021/2022. Although prospects are highly encouraging in Turkey, the INC has taken a different view.
Dried Fruit
Jul 20, 2021

Dates: conflicting reports

TEHRAN. While local traders report that drought and extreme heat will have an adverse impact on this year’s date production in Iran, the International Nut and Dried Fruit Council (INC) anticipates a 3.6% rise in the country’s production. Issue is that some provinces are less affected by extreme weather conditions than others. Prospects are, for instance, not bad in Hormozgan province, where harvesting is underway, but quite alarming in Kerman province.
Dried Fruit
Jul 20, 2021

Dried apricots: heat is good for drying

MALATYA/REUS. Producers are highly satisfied with the quality of this year's apricot crop. Turkey's hot weather is providing excellent conditions for drying. All eyes are on the TMO with speculations running wild as to if and in how far the state-run organisation may intervene in the dried apricot market in 2021/2022.