Nuts

Almonds: Australia's exports hit record levels

February 10, 2022 3:21 PM, Der AUDITOR
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MADRID/CANBERRA. Even well before the end of the Australian almond export season, export figures are already above those for the full season 2020/2021. Prices have levelled off on the European spot market.

China drives exports

There is little movement in the Spanish and Californian almond markets. The focus is on the upcoming flowering season and exports in the coming months. If US exports remain as low as in recent months, abundant stocks are likely to be taken into the new marketing year at the end of the season. Depending on the weather and crop forecasts for the 2022/2023 season, this could put additional pressure on prices. Prices for Spanish Valencia almonds are at last week's level, for US almonds of the variety Butte/Padre, SSR, 27/30, natural Spanish traders

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