Nuts

Almonds: record exports drive price increase

January 19, 2021 3:46 PM, Der AUDITOR
Play report as audio

MADRID/SACRAMENTO. In December 2020, US almond exports (with and without shell) set a new monthly record of...

…  just under 89,000 mt, which is about one third more than the record value from December 2019. Good demand is allowing suppliers to raise their prices bit by bit from the current long-term low. Also this week, the US almond prices in the European spot market increased by EUR 0.05/kg, so that California, SSR, 23/25, natural are currently being offered for EUR 4.35/kg FCA Spain. The offers for Spanish Valencias followed suit and also increased by EUR 0.10/kg. Only the offers for Marcona and Largueta almonds have been stable for a while now. 

View related articles

Go to the News Overview
Nuts
Jan 20, 2022
SACRAMENTO. Transport problems had caused many US exporters to miss the important Christmas business. High prices had also initially deterred buyers, but have now returned to a more attractive level.
Nuts
Jan 19, 2022
SACRAMENTO. As logistics are still an issue US almond exports have slowed for the fourth consecutive month in December. Total shipments declined by 17% between August and December.
Nuts
Jan 19, 2022
HANOI/NEW DELHI. Even though prices for Indian cashews are approaching a more attractive level again, suppliers there will have a hard time keeping up with the competition from Vietnam and African growing countries. Vietnam achieved a new export record in 2021.
Nuts
Jan 12, 2022
SUCRE. After production proved disastrous in 2021/2022, hopes are high that things will improve in 2022/2023. Heavy rains may, however, be decisive. Anticipations for the new crop have also hit Europe.