Nuts

Almonds: markets reopen in Spain

August 25, 2020 3:18 PM, Der AUDITOR
Play report as audio

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

View related articles

Go to the News Overview
Nuts
Aug 10, 2022
HANOI. The original plan of the Vietnamese cashew industry was to export cashews worth USD 3.8 billion in 2022. However, various difficulties mean that this export target is now to be revised downwards.
Nuts
Aug 10, 2022
KERMAN. After frost and drought, Iranian pistachio farmers are now struggling with the effects of heavy rains, which may have caused significant damage. Irrigation is also at risk as a result.
Nuts
Aug 2, 2022
ORDU. President Recep Tayyip Erdoğan’s announcement of the Turkish Grain Board’s (TMO) purchasing price for new crop hazelnuts caused a bit of confusion on Saturday. Although the state-run organisation clarified prices on Monday, traders do not think that the market will buy into them. Rumour has it that Ferrero has swiftly responded.
Nuts
Aug 1, 2022
NEW DELHI/ATLANTA. Farmers are switching to more attractive alternatives such as cotton or soy in India and in the United States. China's peanut production will only rise nominally in 2022/2023 and US suppliers are having a hard time competing with India.