Nuts

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

November 23, 2021 at 4:20 PM, Der AUDITOR
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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

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