Nuts

Almonds: prices continue to slump

November 10, 2021 7:19 AM, Der AUDITOR
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MADRID/SACRAMENTO. Logistics still present a challenge and the lack of empty containers is a particular cause of consternation. The spot market prices for almonds continue to lose ground in Europe.

Lack of empty containers

There is little sign of improvement in logistics at present. Several containers are waiting to be unloaded in southern California, which is also delaying almond exports. Almonds are, in fact, the most important export product in California. In 2019 they accounted for nearly one quarter of the export value of USD 22 billion. 

As local media report the pandemic presents an unprecedented challenge for suppliers in California. Shipments require more long-term planning and customers need to be prepared to wait longer. This situation

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