Butter: EU prices to become more competitive
FRANKFURT/BRUSSELS. Market players in Europe are highly excited about recent price developments in New Zealand. Although the run-on supermarkets failed to drive up turnovers in line with expectations, butter is a noted exception in the EU. Global production estimates are highly encouraging for 2020.
Pistachios: wild fluctuations in price
TEHRAN. The gradual reopening of markets and attractive prices accelerated Iran’s pistachio exports in April till August. Recently issued production estimates also highly encouraging for this year. Prices have, however, fluctuated widely in recent weeks.
Sultanas: tough restrictions in Turkey
MANISA. With daily Covid-19 infections ranging at 30,000 Turkey has been forced to react swiftly. After a last-minute cabinet meeting President Recep Tayyip Erdoğan imposed a general curfew, which starts on Tuesday. Raisin and sultana exporters are, however, extremely busy in meeting their orders in the run up to Christmas.
Cashews: investing in the future
HANOI. Last week the Vietnam Cashew Association (Vinacas) met in Ho Chi Minh City on the occasion of the 30th anniversary of the foundation. The developments of the last years as well as current problems and future investments were discussed.