Market updates on edible nuts with up-to-date price trends
Nuts
Mar 18, 2024

Peanuts: oil markets influence peanut trade

NEW DELHI/BRASÍLIA. In India, market players are currently keeping a close eye on the oil markets, which have a significant impact on peanut prices. Brazil is producing less EU-suitable goods this season.
Nuts
Mar 15, 2024

Hazelnuts: Olam adds to chaos

ORDU. First crop estimates have been issued for hazelnuts and with the local elections just around the corner it seems as if the central bank is losing its grip on inflation. Olam has unwittingly triggered quite a response.
Nuts
Mar 13, 2024

Desiccated coconuts: El Niño is still apparent

MANILA/KUALA LUMPUR. Although the weather phenomenon is slowly weakening, the effects of one of the strongest El Niño weather events since records began are still being felt. Prices are rising on the palm oil market.
Nuts
Mar 13, 2024

Almonds: slump in US exports

SACRAMENTO. While exports have been the bright spot in recent months for US almonds, this story fell apart in February as the latest position report issued by California almonds shows.
Nuts
Mar 11, 2024

Peanuts: a sigh of relief in Argentina

NEW DELHI/BUENOS AIRES. Heat and drought were a major concern for Argentinian peanut growers in January and February. March has been somewhat more favourable so far. In India, the market could be literally flooded with peanuts.
Nuts
Mar 11, 2024

Cashews: market fraught with challenges

BRUSSELS/NEW DELHI. EU imports have dipped to a five-year low for cashew nuts. Ivory Coast has ramped up exports but is struggling to maintain local processing. Disruptions continue in India.
Oilseeds
Mar 8, 2024

International Women’s Day: Never give up!

SEEHEIM/ANKARA. Even in 2024, women don't always have it easy in male-dominated industries... right? We spoke to a female dried fruit trader based in Turkey about how she has fared in the almost twenty years she has been working in the industry and what it takes to stand up to the competition.
Nuts
Mar 6, 2024

Macadamias: first crop estimates

CANBERRA. The Australian Macadamia Society has announced the first estimates for the 2024 Australian macadamia crop. After a difficult year in 2023, the outlook is much more optimistic this time.
Nuts
Mar 6, 2024

Cashews: optimistic outlook for 2024

HANOI/NEW DELHI. Although the Vietnamese cashew market continues to face various challenges, the year has started promisingly, and market players are optimistic. Prices have declined in India.
Nuts
Mar 5, 2024

Walnuts: key player India

FOLSOM/SANTIAGO. India is a key player for both US and Chilean walnuts. Forecasts for the 2024/2025 walnut crop are difficult to make in Chile.
Nuts
Mar 4, 2024

Peanuts: Ramadan demand lower than hoped for

NEW DELHI. Buying interest in the Indian peanut market in the run-up to the Muslim fasting month of Ramadan has not picked up to the extent hoped for. The situation is tense as the ratio of supply and demand is imbalanced.
Nuts
Feb 28, 2024

Almonds: elevated exports and busy bees

MADRID/SACRAMENTO. December was a strong export month for almonds in Spain. While drought has a tight grip on Spain, busy bees are pollinating the trees in California.
Nuts
Feb 27, 2024

Hazelnuts: buyers are not amused

ORDU. As hazelnut prices have hit an all-time high in Turkey buyers are far from amused. Ferrero’s recent bids have given rise to chaos at the most inconvenient time possible for suppliers returning form the Gulfood exhibition in Dubai.
Nuts
Feb 27, 2024

Pine nuts: EU spends much less

BRUSSELS. EU importers spent much less on pine nuts in 2023. Producers in Portugal are promoting Mediterranean pine nuts. Uncertain market conditions will prevail this year.
Nuts
Feb 26, 2024

Peanuts: optimistic outlook in the USA

NEW DELHI/ATLANTA. In India, prices continue to fall and demand for peanut oil and seeds is extremely low. In the USA, the outlook is much better, while there have been harvest delays in Nicaragua.
Nuts
Feb 23, 2024

Pistachios: chasing records is not quite so clever

TEHRAN/FRESNO. With California chasing records pistachios may soon experience a supply glut. Cautions prevails over this year’s crop. Iran’s exports to the EU have gained again.
Nuts
Feb 21, 2024

Macadamias: Kenya's producers benefit from government decision

NAIROBI/CAPE TOWN. Kenyan market players are already benefiting noticeably from the government's decision to temporarily lift the export ban on unprocessed macadamias. Prices in South Africa have fallen sharply in recent years.
Nuts
Feb 20, 2024

Almonds: EU imports at new lows

BRUSSELS/SACRAMENTO. EU imports have slumped by 21% for almonds this season so far. With the impacts of the climate crisis gaining attention the industry is keen to promote almonds as good. Production prospects could hardly differ more in California and Spain this year.
Nuts
Feb 19, 2024

Pecans: China buys stunning volumes

FORT WORTH/ATLANTA. Supplies are tight for pecans. US exports are down. China has bought record volumes this season.
Nuts
Feb 19, 2024

Peanuts: Indian traders are not optimistic

NEW DELHI/BEIJING. Prices in India continue to decline and market experts do not expect this to change in the near future. The situation is also tense in China, while all eyes in Brazil are on the new crop.
Nuts
Feb 15, 2024

Hazelnuts: Ferrero issues surprise tender

ORDU. Ferrero has issued a rather strange tender for hazelnuts. Suppliers are in a difficult position and weather patterns are being watched closely.
Nuts
Feb 14, 2024

Cashews: Vietnam remains export leader

HANOI. Vietnam is still responsible for the majority of international cashew shipments, but needs a lot of raw materials from other growing countries. Germany's cashew imports have risen significantly.
Nuts
Feb 13, 2024

Almonds: US exports hit new record

SACRAMENTO. US shipments hit a record high for almonds in January. Early blooming varieties are slowly starting to stir in some orchards.
Nuts
Feb 12, 2024

Peanuts: market gears up for challenges

NEW DELHI. India is gearing up for a sharp rise in arrivals. Aflatoxin is still an issue for US peanuts. Peanut oil suppliers are hoping that demand will pick up in China. Rain has worked wonders in Brazil but will prove a challenge for harvesting.
Nuts
Feb 8, 2024

Hazelnuts: still playing games

ORDU. After quotations hit unprecedented highs on the back of speculations over Ferrero and farmers holding back suppliers anticipate a downturn for hazelnuts. Yet, the annual horror scenario game over the risk of potential frost damages is already well underway.
Nuts
Feb 8, 2024

Macadamias: significant price increases in South Africa

CAPE TOWN/CANBERRA. In South Africa, commodity prices are rising sharply, which will also be reflected in export prices. The prospects for the Australian macadamia crop are good, while Kenya is facing various difficulties.
Nuts
Feb 7, 2024

Pistachios: turning into an unaffordable snack

TEHRAN/FRESNO. While healthy global demand for pistachios is playing into the hands of suppliers in California, the nuts are turning into an unaffordable luxury snack for many Iranians.
Nuts
Feb 7, 2024

Desiccated coconuts: supply shortage causes prices to rise

MANILA. The El Niño weather phenomenon has had a negative impact on yields in the coconut-growing countries, making raw materials on the coconut market scarce and expensive this year. The situation is exacerbated by long shipping times and high freight rates.
Nuts
Feb 6, 2024

Cashews: demand slumps in Europe

PHNOM PENH/BRUSSELS. EU imports slumped to new lows in January. Cashew nut quotations have gained sharply in India. Cash is an issue in Cambodia.
Nuts
Feb 5, 2024

Peanuts: various factors dampen trade

NEW DELHI/BUENOS AIRES. The peanut trade is currently rather quiet in India, but also in other important producing countries such as Argentina and China, for various reasons. These include the crisis in the Red Sea, exchange rates and the upcoming Chinese New Year.
Nuts
Jan 31, 2024

Almonds: sales exceed crop intake

LOXTON/SACRAMENTO. Despite the 2023 almond crop proving an utter disaster, shipments have outsold production in Australia. With the almond bloom just around the corner all eyes are on the weather in California.
Nuts
Jan 30, 2024

Walnuts: suppliers defy attacks

KYIV/SANTIAGO. Ukraine’s agrifood exports may have declined by 7% to USD 21.8 billion in 2023. Yet, figures also show how resilient the market is, especially for walnuts. In Chile, the climate crisis will impact this year’s production as first crop estimates show.
Nuts
Jan 29, 2024

Peanuts: suppliers miss the right time

NEW DELHI/BRASÍLIA. In the hope of further price increases, Indian stockists had not released their goods for sale at the right time - now prices are low, demand is weak and suppliers are sitting on their goods. In the USA, Brazil and Sudan, crop failures are expected.
Nuts
Jan 25, 2024

Hazelnuts: guessing game on stocks

ORDU/BRUSSELS. After 2024 started off with extraordinary price hikes for hazelnuts the chaos has subsided for now at least. Ferrero’s actions, the Red Sea crisis and weather conditions along with the TMO will largely shape the market in the coming weeks. Demand is shaping up quite well in the EU as recent import statistics show.
Nuts
Jan 23, 2024

Almonds: downturn in exports

MADRID/SACRAMENTO. Suppliers are struggling with prolonged drought conditions in Spain and exports are thriving for almonds in California.
Nuts
Jan 22, 2024

Peanuts: high palm oil prices stimulate the peanut market

NEW DELHI. As the cost of palm oil is high, especially in Malaysia and Indonesia, Indian peanuts are increasingly coming into the focus of buyers. Ramadan demand has started, but is being dampened by high freight costs.
Nuts
Jan 22, 2024

Pistachios: exports surge by triple digits

FRESNO. With the record US crop exceeding expectations for pistachios marketing is required to boost demand. Exports may have surged, but domestic demand cannot keep up as the shipment report for December shows.
Nuts
Jan 17, 2024

Desiccated coconuts: unstable market situation

MANILA/COLOMBO. Due to the uncertain market situation, some coconut processing factories in the most important growing countries remain closed for the time being. The situation in the Red Sea is also making export conditions considerably more difficult.
Nuts
Jan 16, 2024

Walnuts: drastic shift in exports

SANTIAGO. Although walnuts witnessed a sharp downturn in shipments from Chile in December, total exports are still doing well. Shipments have, by contrast, risen sharply in the US.
Nuts
Jan 15, 2024

Peanuts: attacks in the Red Sea slow down exports

NEW DELHI/BUENOS AIRES. The attacks by Houthi rebels on cargo ships in the Red Sea are currently making shipments considerably more difficult and expensive; this is having a noticeable effect on exports from various countries. A new export tariff on peanuts has been announced in Argentina.
Nuts
Jan 15, 2024

Almonds: strong sales in California

SACRAMENTO. While exports and domestic demand for almonds picked up in December, the weather and the Red Sea Crisis are being closely monitored by the industry.
Nuts
Jan 12, 2024

Cashews: market experts are optimistic

HANOI. Although the Vietnamese cashew industry faced various hurdles in 2023, exports increased significantly. Now it's time to stay on the ball, as African growing countries are proving to be serious competitors on the global market.
Nuts
Jan 10, 2024

Hazelnuts: costs get out of hand

ORDU. Exporters in Turkey have abandoned all hopes of being able to compete as the prices for hazelnuts have skyrocketed to new highs. Drivers are unrealistic expectations prompted by Ferrero along with the hike in minimum wages.
Nuts
Jan 8, 2024

Peanuts: not a good start to the new year

NEW DELHI. Various difficulties such as low demand, the attacks on cargo ships in the Red Sea and the war between Israel and Palestine are making life difficult for market players in the peanut market. The outlook for the near future is not exactly rosy either.
Oilseeds
Jan 5, 2024

Sesame seeds and Spices: „Every nation is interdependent on the other”

SEEHEIM/GUJARAT. 2023 was a year full of hurdles, but also new opportunities. Our business partner from the Indian sesame seed and spice market explains how market players faced challenges such as the wars in Ukraine and Israel, global inflation and climate change and what they expect from the 2024/2025 season. Read the full interview here.
Oilseeds
Jan 3, 2024

Hazelnuts: “Concerns over climate change are higher than ever”

SEEHEIM/ORDU. 2023 was a year full of hurdles, but also new opportunities. Our business partner from the Turkish hazelnut market explains how market players faced challenges such as the wars in Ukraine and Israel, global inflation and climate change and what they expect from the 2024/2025 season. Read the full interview here.
Oilseeds
Jan 1, 2024

Pistachios and Saffron: “Domestic consumption has decreased by more than 50%”

SEEHEIM/TEHRAN. 2023 was a year full of hurdles, but also new opportunities. Our business partner from the Iranian pistachio and saffron market explains how market players faced challenges such as the wars in Ukraine and Israel, global inflation and climate change and what they expect from the 2024/2025 season. Read the full interview here.
Oilseeds
Dec 29, 2023

Dried fruit: “Cheaper alternatives will not be easy to find”

SEEHEIM/IZMIR. 2023 was a year full of hurdles, but also new opportunities. Our business partner from the Turkish dried fruit market explains how market players faced challenges such as the wars in Ukraine and Israel, global inflation and climate change and what they expect from the 2024/2025 season. Read the full interview here.