Market updates on edible nuts with up-to-date price trends
Nuts
Oct 18, 2021

Cashews: imports return to normal

HANOI. After Cambodian exports to Vietnam had puzzled market players at the beginning of the year, the figures have now returned to normal. Another country has reclaimed its role as the main supplier.
Nuts
Oct 18, 2021

Hazelnuts: lira takes centre stage

ORDU. Turkey’s hazelnut market was plunged into chaos again after the lira recently slumped to new lows against the euro and US dollar. Disaster struck after President Recep Tayyip Erdogan fired three central bank policy makers, who are claimed to have opposed last month’s interest rate cut. Concern is that more interest rate cuts will follow despite inflation being high, possibly even this week as the next policy meeting will be held on Thursday.
Nuts
Oct 18, 2021

Pistachios: subdued demand weighs on market

KERMAN/SACRAMENTO. Growers have completed the pistachio harvest in Iran's southern Kerman Province. Conditions are ideal to accelerate cultivation here. US export have risen sharply in September.
Nuts
Oct 14, 2021

Almonds: US production slightly higher than last year

SACRAMENTO. US shellers struggle with small nuts, yet the production result so far is 2% higher than last year. After a strong export month in August, export volumes declined significantly in September 2021.
Nuts
Oct 14, 2021

Walnuts: China's crop volume remains unchanged

BEIJING/SACRAMENTO. Although the spring frosts in Xinjiang have had a negative impact on the crop, other Chinese provinces are able to compensate for the losses. In the USA, the new export season has started well.
Nuts
Oct 13, 2021

Cashews: Vietnam remains most important supplier for the USA

HANOI/ACCRA. Although Vietnam has had to deal with many pandemic-related restrictions, the country can hold its own as the most important cashew supplier for the USA. However, some African countries could emerge as competitors in the future.
Nuts
Oct 11, 2021

Hazelnuts: harvest can finally be completed

ORDU. A more stable weather situation should ensure that the drying process of the hazelnut kernels can finally be completed. Due to the higher bid prices of the TMO, farmers continue to preferably sell their goods to the state organisation for the time being.
Nuts
Oct 7, 2021

Pecans: new season becomes a challenge

ATLANTA. High demand and smaller crops are fuelling market players' fears that supplies may run short in the 2021/22 season. Chinese buyers are already stocking up for the New Year celebrations in February.
Nuts
Oct 6, 2021

Cashews: India introduces new hybrid variant

NEW DELHI/DAR ES SALAAM. The Directorate of Cashew Research in India has presented a new cashew hybrid variety that is expected to bring great benefits to farmers and producers. Tanzania, meanwhile, starts the new trade season this week.
Nuts
Oct 5, 2021

Almonds: Spain's Ministry of Agriculture announces latest crop estimates

MADRID. The current report on the 2021 almond crop of the Spanish Ministry of Agriculture, Fisheries and Food speaks of a production deficit of almost 15%. Despite high losses, however, Andalusia remains by far the most important almond-growing region in Spain.
Nuts
Oct 5, 2021

Walnuts: Ukraine expects production increases

KIEV. In the 2021/22 season, both a larger acreage and better yields are expected in Ukraine. Commercial production is also moving further into focus there.
Nuts
Oct 5, 2021

Desiccated coconuts: goods are scarce and expensive

MANILA. Even though the situation is no longer as tense as it was at the beginning of the year, coconut producers and traders are still struggling with major difficulties. Possible price reductions are thus a long way off.
Nuts
Oct 5, 2021

Pistachios: climate change impact

BIRJAND. Drought has impacted pistachio production in Iran’s South Khorasan Province for more than twenty years. Variations in temperature, reduced rainfall and humidity cause a lot of damage every year. Growers use wells and aqueducts to compensate for less rain. This year production is, however, not only expected to decline but growers are also confronted with additional challenges.
Nuts
Oct 4, 2021

Hazelnuts: Ferrero to act as game changer

ORDU. Quality is an issue in Turkey. Many hazelnuts have been rejected and the situation is not expected to improve. Problem is that drying is simply too slow and the weather forecasts are not exactly encouraging. Low quality does not, however, necessarily mean that prices will rise. Especially since Ferrero may well act as a game changer.
Nuts
Sep 29, 2021

Cashews: Vietnam shows impressive exports

HANOI. According to the latest data from Vinacas, Vietnamese exports have increased significantly year-on-year in the first eight months of 2021. Consequently, imports are also much higher than in 2020.
Nuts
Sep 28, 2021

Walnuts: sellers are optimistic

SACRAMENTO/BEIJING. Given the good demand in recent months, US walnut traders are confident that they will have no problem selling this year's crop.
Nuts
Sep 28, 2021

Hazelnuts: Erdoğan sends shockwaves through the market

ORDU. In cutting the key interest rate Turkey’s Central Bank not only took the market by surprise but also prompted the Turkish lira to crash. This naturally impacted the export prices for hazelnuts. Although buyers are very much prepared to take advantage of the current market situation, things are not quite as simple.
Nuts
Sep 27, 2021

Almonds: exports 6% up in Spain

MADRID. Spain's overseas shipments for almonds ranged higher in July. Total shipments for the season have nearly risen by 6% on last year. Concerns are, however, being voiced over crop losses at present. This has impacted prices.
Nuts
Sep 27, 2021

Peanuts: Argentina struggles with logistical hurdles

BUENOS AIRES/ATLANTA. The peanut market is currently experiencing a lot of ups and downs, as Herman Driesens, manager at the Commodity Exchange in Rotterdam, states in his latest report on cornhouse.nl. Although high-quality crops are expected from Argentina and Brazil as well as from the USA, not all prospects are this promising.
Nuts
Sep 23, 2021

Pistachios: summer heat takes its toll

ANKARA/SACRAMENTO. In both Turkey and the USA, producers expect lower yields due to the ongoing "off-year"; however, extreme heat and drought in spring and summer have an additional negative impact on the crops.
Nuts
Sep 22, 2021

Walnuts: Chile declares "agricultural emergency"

SACRAMENTO/SANTIAGO. US walnut exports end the season well above last year's result, although shipments to traditional markets were only slightly off. Meanwhile, experts in Chile fear lower yields due to the drought.
Nuts
Sep 21, 2021

Pecans: demand from China has recovered

ATLANTA. The harvest of the early pecan varieties has begun and producers can achieve good prices, not least due to the high demand from China. The fact that there are hardly any goods from the old crop left in the warehouses is also pushing prices up.
Nuts
Sep 20, 2021

Cashews: Vietnam's exports to Russia increase significantly

HANOI. As reported by the Russian customs office, the country imported about 50% more cashew nuts from Vietnam in the first half of 2021 than in the corresponding period of 2020. Vietnam also remains the most important supplier of German imports.
Nuts
Sep 20, 2021

Hazelnuts: quality is an issue

ORDU. Concerns are growing over the quality of the hazelnut kernels produced in Turkey’s eastern Black Sea Region. Issue is that unstable weather conditions have delayed drying for weeks. There is little hope that conditions will improve anytime soon. The TMO is also intent on stepping up buying.
Nuts
Sep 20, 2021

Pistachios: ambitions run high

DAMGHAN. Although prospects are anything but encouraging for Iran’s pistachio production this year, there are some noted exceptions. In Dangham county in Semnan Province, fresh pistachio production is even expected to rise. Pistachio cultivation has a long tradition in the region dating back more than 1,000 years. The highly ambitious plan is to double production in the next four years.
Nuts
Sep 15, 2021

Almonds: season kicks in with a head start

SACRAMENTO/MADRID. Although US almond production is expected to range lower, arrivals are currently 14% up on last year. As harvesting started early arrivals have risen. Buyers and Europe and China are taking advantage of large supplies.
Nuts
Sep 14, 2021

Walnuts: holiday driven demand pushes up prices

BEIJING. Demand for walnuts is up in China as local processors are busy obtaining sufficient supplies for the Golden Week, which is celebrated on 01-07 October. This has largely impacted prices. Prices are too high for some buyers.
Nuts
Sep 13, 2021

Hazelnuts: further delays in drying

ORDU. Traders report that the hazelnut season has not started properly in Turkey yet. Issue is that unstable weather conditions have delayed drying. Arrivals are low and trading is still to revive. Growers are very much satisfied with prices at present.
Nuts
Sep 6, 2021

Hazelnuts: traders concerned over price gaps

ORDU. As delays in drying hazelnut kernels at Turkey’s Black Sea coast are now impacting supplies in Europe traders urge buyers to consider a more effective supply chain management. Long queues are being reported in front of the TMO as growers are intent on selling to the state-run organisation. Prices have drifted far apart.
Nuts
Sep 6, 2021

Pistachios: drought reduces production

MASHAD. Recent estimates issued by the Agricultural Organisation in Iran’s Khorasan Razavi Province show that pistachio production will decline by 20% this year. While early harvesting already started on 6 August, the main harvest is only starting now. Climate change certainly is an issue.
Nuts
Sep 2, 2021

Walnuts: US crop 15% smaller than last year

SANTIAGO/BUDAPEST. The crop forecast for the 2021 US walnut crop published by the USDA on 1 September was even more disillusioning than the INC's already lower estimate in June. Hungarian traders, however, are optimistic about the crop in their country.
Nuts
Sep 1, 2021

Cashews: exports increase significantly

HANOI. Both Vietnam's imports and exports have increased significantly compared to last year. Nevertheless, the cashew industry continues to face various problems.
Nuts
Aug 31, 2021

Almonds: farmers' association expects record losses

MADRID/SACRAMENTO. The Catalan farmers' association reports high crop losses. In addition to hazelnut and carob trees, almond plantations are also affected. Market players are currently talking about the worst crop result in the last ten years.
Nuts
Aug 30, 2021

Hazelnuts: raw materials from the new crop will be available soon

ORDU. In Turkey, the hazelnut harvest is progressing. At the same time, large quantities have already been registered for sale to the TMO while market leader Ferrero continues hold back.
Nuts
Aug 26, 2021

Pine nuts: slight correction of export prices

BEIJING. Due to various circumstances, Germany has significantly reduced the import of pine nuts from China this season. Russian exporters are benefiting the most, as even at the end of the season, imports are still significantly higher than the year before.
Nuts
Aug 26, 2021

Pecans: US production cannot meet demand

ATLANTA. As Pecan Report explains, it is becoming increasingly difficult for US farmers and producers to meet the high demand. For this reason, more raw nuts have to be imported from other origins.
Nuts
Aug 25, 2021

Cashews: stricter surveillance for imports from Cambodia

HANOI. To prevent possible fraud, Vietnam's customs office has introduced strict import rules for RCN, especially from Cambodia. Meanwhile, a favourable development for Vietnamese exporters is evident in Japan.
Nuts
Aug 24, 2021

Almonds: disappointing yields at the start of the harvest

MADRID/SACRAMENTO. The first yields from the Spanish almond crop 2021 show a disappointing result. Overall, production could therefore be even lower than expected. In addition, good exports at the end of the season might lead to lower surplus stocks.
Nuts
Aug 23, 2021

Hazelnuts: prices for the new crop start to settle

ORDU. Rainfall continues to delay the drying of the hazelnuts, which is why the new crop is not yet available on the market. However, the first small quantities are expected in the coming days. Meanwhile, prices are slowly settling.
Nuts
Aug 19, 2021

Pistachios: Iranian farmers start harvesting

TEHRAN. In some Iranian provinces, the pistachio farmers have already started harvesting, in other regions the harvest process is about to begin. Prices remained stable on the domestic market, but the exchange rate caused some deviations.
Nuts
Aug 18, 2021

Desiccated coconuts: buyers' plan does not work out

MANILA. Due to the ongoing lockdown, the situation for coconut producers in the Philippines is currently very difficult. European and US buyers had been holding back on purchases to avoid the high freight costs - but this plan seems to be failing.
Nuts
Aug 18, 2021

Walnuts: US production may have reached its peak

SACRAMENTO. US exports are significantly above last year's level. However, experts reckon that farmers may lack the financial incentive to expand the acreage in the coming years. For now, new areas that have been planted in recent years are still coming on stream.
Nuts
Aug 18, 2021

Pistachios: lower yields due to drought

SACRAMENTO. The demand for US pistachios is still very high. Due to the expected decline in production this year, prices are likely to rise. The executive director of the American Pistachio Growers announced the first estimates for the new crop.
Nuts
Aug 17, 2021

Almonds: US exports up by a third

MADRID/SACRAMENTO. The US almond season 2020/2021 closed with high export figures, reduced cultivation forecasts and rising prices. Spanish market players are adjusting their prices.
Nuts
Aug 16, 2021

Cashews: "Three on the Spot" temporarily stopped

HANOI. After a month spent entirely in the processing factories by many workers in the cashew industry, the "Three on the Spot" measure is put on hold for the time being. In addition, there is currently a lot of disagreement over freight costs.
Nuts
Aug 16, 2021

Hazelnuts: Ferrero still to issue bid

ORDU. President Erdoğan has finally announced the TMO bid for hazelnuts over TRY 26.5/kg for Levantine quality and over TRY 27.0/kg for Giresun quality. As these prices are largely in line with expectations there has been no big shift in the market so far. Much now depends on the bid Ferrero is expected to issue very soon. Buyers in Europe are urged to be on the alert, while harvesting has started in coastal areas.
Nuts
Aug 10, 2021

Pistachios: production to fall 21% short of last year

TEHRAN. Although 2021 is an off-year in terms of production in Iran, the country holds a great advantage. The increase in the total area under cultivation coupled with the diversity of the pistachios produced in Iran have reduced the gap between off-years and on-years. Production, therefore, differs considerably in different parts of the country. Frost, heat and hailstorms have, however, caused considerable damage in many places.
Nuts
Aug 9, 2021

Cashews: USA urges Vietnam to prioritise vaccination of industry

HANOI/BEIJING. The Food Industry of America (FIA) has urged Vietnam to prioritise vaccinating workers in agricultural production and food processing, especially in the cashew industry, in a letter addressed to Prime Minister Pham Minh Chinh on 3 August. As local media report, the social distancing measures and restrictions in place to curb the fourth wave of the pandemic are expected to jeopardise production and transportation of cashew nuts in Vietnam. Ports in China are confronted with chaotic weather conditions.