Nuts

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

November 23, 2021 at 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
May 24, 2024
MADRID. Exports have picked up for almonds in Spain. Crop estimates for 2024/2025 have emerged. Prices are a troublesome matter.
Nuts
May 23, 2024
MADRID/SACRAMENTO. Urgent calls for permission to treat organic crops with pesticides in areas affected by extreme drought in Spain contradict assertions that quality is more important than quantity for almonds. Pricing is also an issue in California, but for quite different reasons.
Nuts
May 22, 2024
NEW DELHI/BUENOS AIRES. India has started exporting the summer crop and international buyers can secure attractive offers here. In North and South America, the situation is partially very tense, which is mainly due to the shortage of goods.
Nuts
May 21, 2024
REUS. South Africa is boasting a 35% uprise in pecan kernel output for 2024/2025. Judging by the historical average US production will flatline. Brazil will experience a production decline.