Nuts

Almonds: prices remain high

September 21, 2020 3:50 PM, Der AUDITOR
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MADRID/CANBERRA. After the sudden surge in prices, the excitement in the almond market has now subsided. Meanwhile, exports in Australia still range well below last year.

Another boost to prices is out of the question

Reports of strong August exports have recently driven up US almond prices and traders in Spain took advantage of this. Prices have now, however, stabilised again, meaning that buyers will have to accept prices ranging around EUR 0.50/kg higher. In view of the anticipated record production it should, nevertheless, be noted that further drastic rises are not to be expected. Spanish natural Valencias, 12/14 mm are trading in a range of EUR 4.15-4.20/kg FCA Spain and US Carmel Supreme, 23/25, at EUR 4.55-4.80/kg FCA Spain.

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