Market updates on edible nuts with up-to-date price trends
Nuts
Jan 25, 2023

Almonds: dent in exports

MADRID/SACRAMENTO. Although Spain’s almond exports received a boost in November, the dent in exports is still much higher than in California. Competition between Spain and California remains fierce with speculations on water supplies and exchange rates having top priority at present.
Nuts
Jan 23, 2023

Peanuts: farmers outsmart industry

NEW DELHI. Farmers are in full control of India’s peanut market. Not only do they still hold more than 35% of all stocks but they also know how to play to their advantage. Artificial intelligence may also prove an asset in limiting aflatoxin contamination.
Nuts
Jan 19, 2023

Hazelnuts: buyers turn their backs on Turkey

ORDU. Things have taken such a bizarre turn in Turkey that buyers have switched to other hazelnut producing countries such as Georgia, Azerbaijan or Italy. Drought will, in fact, have a lasting impact on production in Italy.
Nuts
Jan 18, 2023

Pistachios: dangerous hypocrisy

TEHRAN. Frustration and anger are growing with Iran’s government. Suppliers are now actively blaming the government for losing market shares for pistachios. Exports have, in fact, slumped by 75%.
Nuts
Jan 16, 2023

Almonds: December boost

SACRAMENTO/MADRID. At 206 million pounds (93,440 mt) US almond shipments certainly ranged at the higher end of expectations in December. Crop receipts, however, fell short of anticipations and the outlook for this year’s crop is extremely difficult.
Nuts
Jan 16, 2023

Peanuts: back on track

NEW DELHI. Peanuts are back on track again. Yet, there is some friction between suppliers in India and importers in China. Inflation is also prompting suppliers to act.
Nuts
Jan 10, 2023

Peanuts: January to prove decisive

NEW DELHI. India’s peanut market finally witnessed a turnaround at the end of last year. Suppliers are now waiting for demand to bounce back in China and in the Gulf states.
Nuts
Jan 9, 2023

Hazelnuts: unexpected shift

ORDU. Things have certainly turned crazy for hazelnuts in recent weeks. Not only have prices surged against all odds, for which Mondelez and Ferrero are partly to blame, but exports have also taken an unusual turn.
Oilseeds
Jan 6, 2023

Hazelnuts: "The world has been a chaotic place to live in"

SEEHEIM/ANKARA. What kind of new challenges did the year 2022 provide? How do buyers deal with the sometimes significant price increases and what are the expectations for the coming year 2023? We were talking to one of our business partners from the Turkish hazelnut market, who kindly answered all our questions. Read the complete interview here.
Oilseeds
Jan 4, 2023

Flaxseed: "A reduction in acreage is likely”

SEEHEIM/NUR-SULTAN. What kind of new challenges did the year 2022 provide? How do buyers deal with the sometimes significant price increases and what are the expectations for the coming year 2023? We were talking to oilseed expert Evgeniy Karabanov, chairman of the Kazakh Grain Union in Kazakhstan, who kindly answered all our questions. Read the complete interview here.
Oilseeds
Jan 2, 2023

Sesame seeds and Spices: “Collaborative steps are needed”

SEEHEIM/GUJARAT. What kind of new challenges did the year 2022 provide? How do buyers deal with the sometimes significant price increases and what are the expectations for the coming year 2023? We were talking to one of our business partners from the Indian market, who kindly answered all our questions. Read the complete interview here.
Oilseeds
Dec 30, 2022

Saffron and Pistachios: “The US sanctions are the biggest problem”

SEEHEIM/TEHRAN. What kind of new challenges did the year 2022 provide? How do buyers deal with the sometimes significant price increases and what are the expectations for the coming year 2023? We were talking to one of our business partners from the Iranian market, who kindly answered all our questions. Read the complete interview here.
Oilseeds
Dec 28, 2022

Dried Fruit: “There will be changes in buying and consumption”

SEEHEIM/IZMIR. What kind of new challenges did the year 2022 provide? How do buyers deal with the sometimes significant price increases and what are the expectations for the coming year 2023? We were talking to one of our business partners from the Turkish dried fruit market, who kindly answered all our questions. Read the complete interview here.
Oilseeds
Dec 26, 2022

Sunflower seeds: “The damage is irreversible“

SEEHEIM/SOFIA. What kind of new challenges did the year 2022 provide? How do buyers deal with the sometimes significant price increases and what are the expectations for the coming year 2023? We were talking to one of our business partners from the Bulgarian sunflower seed market, who kindly answered all our questions. Read the complete interview here.
Oilseeds
Dec 23, 2022

Peanuts: “The prices in India will not decrease”

SEEHEIM/NEW DELHI. What kind of new challenges did the year 2022 provide? How do buyers deal with the sometimes significant price increases and what are the expectations for the coming year 2023? We were talking to one of our business partners from the Indian peanut market, Santhosh Kumar, who kindly answered all our questions. Read the complete interview here.
Nuts
Dec 20, 2022

Almonds: exports take another hit

MADRID/SACRAMENTO. Although almond exports in Spain and the US are not quite as bad as anticipated, the market still has a lot of catching up to do if the perfomance is to be as good as last year. Spot market prices are on the move in Europe.
Nuts
Dec 19, 2022

Peanuts: golden opportunity

NEW DELHI. Farmers and suppliers in India are waiting for the opportunity to turn their peanuts into gold. Negotiations are tense.
Nuts
Dec 15, 2022

Hazelnuts: suppliers withdraw due to chaos

ORDU. Current hazelnut prices defy common sense in Turkey. Some suppliers have even withdrawn from the market as the situation is far from sustainable.
Nuts
Dec 14, 2022

Desiccated coconuts: massive drop in demand

MANILA. In its latest report, T.M. Duché draws particular attention to the difficult demand situation in 2022, which will continue in the new year. Worldwide recessions and a large amount of available goods are contributing their part.
Nuts
Dec 12, 2022

Peanuts: China’s offers are too low

NEW DELHI. China is the most important buyer for Indian peanuts and peanut oil, but in the eyes of Indian exporters, the offers from Chinese buyers are too low, so that the big business deals have not yet been concluded. The arrival of the new crop, however, is likely to play into buyers' hands.
Nuts
Dec 12, 2022

Pistachios: toxic approach

TEHRAN. Iran’s pistachio exports to the EU slumped by 39% in terms of value between January and September as compared with the same period last year. While local media reports highlight that drought, economic sanctions and the fierce competition with the USA have contributed to this development, suppliers in Iran are rather concerned about the high level of toxic residues.
Nuts
Dec 8, 2022

Walnuts: adjusted US crop estimates

SACRAMENTO. According to experts, the US walnut crop could turn out better than previously expected. This means that the pressure on prices continues to grow despite qualitative deficiencies. Meanwhile, US exports declined significantly in October.
Nuts
Dec 8, 2022

Hazelnuts: chaos persists

ORDU. In view of unsustainable prices, TMO rumours and panic buying chaos is set to persist in Turkey’s hazelnut market.
Nuts
Dec 7, 2022

Pecans: growers remain resolute

ATLANTA. With buyers willing to pay low prices and farmers reluctant to accept them, trade in the US pecan market has come to a near standstill. High demand and the prospect of a smaller crop are adding to the pressure.
Nuts
Dec 7, 2022

Macadamias: global crop increases significantly

CANBERRA. The crop in Australia has turned out higher than growers had feared after the devastating floods at the beginning of the year. The other growing countries are also very satisfied with the results, especially South Africa and China.
Nuts
Dec 6, 2022

Almonds: heated debates on water

SACRAMENTO/MADRID. Water, or rather the lack of it, continues to be a matter of heated debate in California. On Thursday, the Department of Water Resources announced an initial allocation of merely 5% of requested supplies for 2023. Drought, high production costs and low commodity prices are, however, not only affecting almond farmers in California but also in Spain.
Nuts
Dec 5, 2022

Peanuts: trade faces hurdles

NEW DELHI/ATLANTA. Last week, several factors came together to dampen trade in the Indian peanut market. In the US, the USDA is still sticking to its high crop estimates.
Nuts
Dec 1, 2022

Almonds: Australia achieves record exports

CANBERRA/MADRID. Australia's almond exports are breaking one monthly record after another. Thanks to this year's good crop, prices can keep up in the international market and convince buyers in one country in particular.
Nuts
Dec 1, 2022

Hazelnuts: deceptive demand

ORDU. Speculations are running wild as to why the raw material prices for hazelnuts have soared in Turkey and in how far the legal action against Ferrero is responsible for this. Traders also disagree as to how much the TMO has really purchased.
Nuts
Nov 29, 2022

Cashews: blow to exports

HANOI. Rising demand for healthy snacks may be driving the popularity of cashew nuts in Europe and prompted a steady rise in imports in 2017-2021, but the situation has changed this year as inflation is up and supply chains are disrupted. Exports from Vietnam have certainly taken a hit this year.
Nuts
Nov 28, 2022

Peanuts: disagreement between growers and buyers

NEW DELHI. Although market prices are already well above the minimum support price, many farmers are holding back their goods in the hope of further increases. This does not necessarily meet with approval from buyers.
Nuts
Nov 24, 2022

Pecans: let the games begin

ATLANTA. As every year at this time, buyers try to drive down prices in the US pecan market. Experienced growers already know this game and do not get involved, while the new market players sometimes act less prudently.
Nuts
Nov 24, 2022

Hazelnuts: distracting legal action

ORDU. Ferrero has taken centre stage in Turkey’s local media after the competition watchdog launched a legal investigation on the company’s market position. Hazelnut suppliers are, however, more concerned over the unexpected turn prices have taken.
Nuts
Nov 22, 2022

Almonds: exports could be much worse

MADRID. Spain’s almond exports showed another dent in September but are still surprisingly good considering that production has declined sharply.
Nuts
Nov 21, 2022

Peanuts: China is decisive

NEW DELHI. While the peanut market recently witnessed a bullish trend in India, the situation has now changed. Issue is that arrivals have picked up. Demand and China’s interest in buying peanut oil will, however, largely determine prices in the next few weeks.
Nuts
Nov 17, 2022

Brazil nuts: market has growth potential

SUCRE/LIMA. As awareness of healthy eating grows, experts at Chelmer Foods are positive about the future of the Brazil nut trade. Meanwhile, prices on the European spot market are declining.
Nuts
Nov 16, 2022

Pecans: market gains momentum

ATLANTA. With the harvest still ongoing in the US growing regions, trade is only now slowly starting to pick up. Farmers are not willing to sell their goods below value, especially as there is plenty of space in cold stores for the new crop due to low stocks.
Nuts
Nov 16, 2022

Cashews: the phoenix from the ashes

HANOI/PHNOM PENH. After Cambodia had massively reduced its acreage not even ten years ago due to various difficulties, the situation has now turned around with Vietnam's help. Vietnam itself is also benefiting greatly from this situation.
Nuts
Nov 16, 2022

Almonds: US exports still down

SACRAMENTO/MADRID. US almond exports in October were again not able to keep up with the result of October 2021. However, European countries such as Spain and Germany imported significantly more almonds during this period than last year. In Spain, some organisations are looking for ways to make almond cultivation more lucrative for growers.
Nuts
Nov 14, 2022

Peanuts: new varieties raise hopes

NEW DELHI. Indian researchers are currently working to use a new hybrid technology to breed peanut varieties that are more resistant to drought and disease and are expected to provide farmers with a better income through high oil and protein content.
Nuts
Nov 14, 2022

Hazelnuts: exports fail to revive

ORDU. Although domestic demand for hazelnuts has finally revived in Turkey, the situation in the export market is still quite devastating. Trouble is that buyers in Europe have tightened their purse strings prior to Christmas as high costs and inflation are forcing businesses and consumers to curb spending.
Nuts
Nov 10, 2022

Walnuts: supply exceeds demand

SACRAMENTO. According to market players, unfavourable weather conditions may have caused the US walnut crop to be smaller than expected. However, a lack of demand and an increase in global production are currently preventing prices from rising significantly.
Nuts
Nov 9, 2022

Cashews: Vietnam dependent on RCN imports

HANOI. After Vietnam's import of raw cashew nuts increased massively in the last ten years, imports have now declined due to the Ukraine war. A similar picture is emerging for exports.
Nuts
Nov 9, 2022

Almonds: farmers to turn on ruthless buyers

TOLEDO. Fair pay is crucial for Spain's almond producers. Trouble, however, is that it is difficult to assess all costs involved in production. ASAJA, an organisation of young farmers in Spain's autonomous Castilla-La Mancha community, and the University of Castilla-La Mancha have launched a project to make it easier for producers to demand fair prices.
Nuts
Nov 9, 2022

Macadamias: Australia has big goals

CANBERRA. Although severe storms damaged this year's crop, Australian growers were able to prevent the worst. For the next three years, cultivation is to be significantly expanded once again.
Nuts
Nov 7, 2022

Peanuts: stalemate paralyses market

NEW DELHI. The peanut market is currently dominated by various difficulties. Buyers are not willing to pay the prices demanded, while traders do not want to sell their goods at a lower price. As a result, there is hardly any trade at present.
Nuts
Nov 7, 2022

Pistachios: full story needs to be told

TEHRAN. With production estimated nearly 15% lower than last year, prospects are far from encouraging for Iran’s pistachio exporters. Suppliers are also coming to terms with the fact that competition with the United States or Turkey is next to impossible.
Nuts
Nov 3, 2022

Hazelnuts: reality starts kicking in

ORDU. Aggressive buying coupled with sluggish demand and unrealistic prices are a toxic mixture for any market. Now reality is starting to catch up with the TMO, whose bids for hazelnuts have simply been too attractive.