Dried Fruit

Desiccated coconuts: delivery delays due to imminent strikes in France

February 1, 2021 12:08 PM, Der AUDITOR
Play report as audio

MANILA/PARIS. While factories on the Philippines are slowly catching up in production, new difficulties are already ahead: Strikes have been announced in France, which are also expected to affect work at the ports.

Freight costs down

The experts at T.M. Duché report that a little relief has come to the situation of extremely high freight costs. While shipping a 40' FCL in mid-January had cost up to USD 16,000 in some cases, prices have dropped to around USD 10,000, which is still well above the usual USD 2,000. It remains uncertain when freight prices will return to a normal level - but market players fear that the high price situation could persist well into Q3. In addition, there are noticeable differences between shipments to EU ports and port

View related articles
Go to the News Overview
Dried Fruit

Dried figs: limbo impacts prices

TEHRAN. While figs are being harvested in Iran’s Gilan and Mazandaran provinces and first local estimates on the new crop are available, the nuclear deal is having an impact on prices in the export market. Problem is that talks over a possible return of the US to the Joint Comprehensive Plan of Action (JCPOA) were suspended in Vienna nearly four weeks ago leaving the deal in limbo.
7/22/21, Der AUDITOR
Dried Fruit

Raisins: technology is key

TEHRAN. Raisin production has started in Iran’s Kohrasan Razavi province. Harvesting is also underway. According to the local Agricultural Organization there are around 45 facilities for processing grapes and raisins. Traders, however, report that technology is an issue as the raisins processed here frequently fail to meet minimum health requirements in the countries to which they are exported. Excessive heat has also left its traces in the vineyards.
7/22/21, Der AUDITOR

Pine nuts: China's shocking dependency

BEIJING/REUS. The pandemic has disrupted supply chains and highlighted incremental problems. Pine nuts are no exception to this. The market was, however, stunned to find out to what extent China depends on external raw material supplies. China's production consequently fell well short of expectations in the current season due to supply chain disruptions. Production estimates have now been slashed by nearly 50%. Things are, however, expected to improve in 2021/2022.
7/21/21, Der AUDITOR
Dried Fruit

Dried figs: shortfall in production

AYDIN. The fig harvest is making good progress in Turkey. Growers are very much hoping for higher dried fig prices in 2021/2022. Although prospects are highly encouraging in Turkey, the INC has taken a different view.
7/20/21, Der AUDITOR