Almonds: markets reopen in Spain

August 25, 2020 at 3:18 PM , Der AUDITOR
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MADRID/CANBERRA. Trading has resumed in Spain's Albacete and Murcia with the first arrivals of the new almond crop. Although prices have been nominally revised, it is difficult to detect a clear trend. For Australia the current season is a bit of a challenge.

Prices take another dip in Spain

The sheer prospect of another record crop in the US and three consecutive record crops in Spain continue to weigh heavily on the market. Export prices have again declined with natural Valencia almonds, size 12/14 mm, trading in a range of EUR 3.80-3.95/kg FCA Spain - more than 30% below the prices observed around this time last year. Although prices have also taken a dip in Albacete, nominal upward revisions have been reported in Murcia. Spot market prices have remained firm here due to the fact that it will take several months for t

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