Almonds: prices differ

January 29, 2020 11:58 AM, Der AUDITOR
Play report as audio

MADIRD/SACRAMENTO. Spot market prices have declined nominally in Spain. In the US it is, however, difficult to identify a uniform trend.

Limited supplies for some varieties

The price declines in the spot market are, however, only partially reflected in the export prices in Spain. Valencia almonds, >14 mm, are trading EUR 0.05-0.10 per kg lower, whereas Valencia almonds, 12/14 mm, remain in a stable range. The supplies for some California almonds are limited in Europe. However, the EU spot market prices for US almonds have mainly remained stable with some noted exceptions of varieties trading lower or higher. Prices in the US are firm as the export performance is highly satisfactory this season.

View related articles

Go to the News Overview
Dec 9, 2021
ATLANTA. Now that the US growing regions have recovered after the massive storm damage of 2018, a relatively small crop is nevertheless being reported from the most important growing state of Georgia. However, this was to be expected.
Dec 8, 2021
HANOI. Vietnam has by far the largest market share of German cashew imports. However, there is still room for improvement, also due to the simplifications resulting from the free trade agreement.
Dec 6, 2021
ORDU. Chaos continues in Turkey’s financial market. Not only did President Recep Tayyip Erdoğan appoint a new finance minister on Thursday but Fitch Ratings also revised the country’s outlook to negative. For traders it is simply impossible to determine which way the hazelnut market will turn. Much also depends on Ferrero, the TMO and demand.
Dec 1, 2021
MANILA. In addition to high commodity prices, export prices for desiccated coconuts have also increased. And since all bad things come in threes, there is no relief in sight for freight costs either.