Nuts

Almonds: prices down by EUR 0.80/kg within two months

November 23, 2021 4:20 PM, Der AUDITOR
Play report as audio

SACRAMENTO/REUS. The weak October exports are worrying US suppliers. Many buyers have taken the precaution of stocking up, and the rising Corona figures are not easing the market situation. In order to reduce their stocks, prices are being lowered further.

Stocks to be kept low

Many foreign buyers had taken the precaution of stocking up on plenty of almonds during the summer months so as not to risk shortages for the Christmas season. Many have experienced delivery delays this year due to the logistical challenges caused by the pandemic, and a smaller US crop was also forecast. Accordingly, the spot markets are currently well stocked. There is no talk of a shortage; instead, buyer restraint is now causing prices to come under pressure both at origin and in the European spot markets. Delivery delays and cance

View related articles

Go to the News Overview
Nuts
Jun 23, 2022
ORDU. Attention has certainly shifted towards the new hazelnut crop in Turkey. Demand is frustratingly low and suppliers are using creative means to change this. Things will, however, turn from bad to worse for many hazelnut manufacturers in Turkey.
Nuts
Jun 22, 2022
SACRAMENTO/SANTIAGO. At the end of the season, walnut shipments from the USA pick up once again. The overall weak export results of the season so far increase the sales pressure on the supplier side.
Nuts
Jun 22, 2022
HANOI. As Vinacas announced, Vietnamese imports declined noticeably year-on-year in the first four months of 2022. The country's exports are also lower than last previous year, although the decline here is more moderate.
Nuts
Jun 22, 2022
TEHRAN. As accurate statistics on Iran’s annual pistachio production are lacking, it is challenging to issue reliable forecasts. Fact, however, is that spring frosts have caused extensive crop damages in the past two years and that farmers have lost large amounts of money. Yet, water scarcity is the most serious threat as growers are already confronted with the harsh realities of climate change.