Pine nuts: improved raw nut supplies

November 3, 2020 11:01 AM, Der AUDITOR
Play report as audio

BEIJING. Raw pine nut supplies are still very much limited in China. Some market players are now, however, more optimistic.

Prices firm at a high level

Pine nut exporters still lack raw materials in China. Concerns are even being voiced that contracts cannot be met. Imports are, however, helping and prices have stabilised at a high level. Pinus sibirica, 950 pcs/100g are trading at USD 17,300/mt CFR Hamburg and the smaller Pinus sibirica,nuts 1,100 pcs/100g are at USD 16,800/mt CFR Hamburg. Shipments are, however, only available as of December.


Pine nuts, Pinus sibirica

View related articles

Go to the News Overview
Dec 9, 2021
ATLANTA. Now that the US growing regions have recovered after the massive storm damage of 2018, a relatively small crop is nevertheless being reported from the most important growing state of Georgia. However, this was to be expected.
Dec 8, 2021
HANOI. Vietnam has by far the largest market share of German cashew imports. However, there is still room for improvement, also due to the simplifications resulting from the free trade agreement.
Dec 6, 2021
ORDU. Chaos continues in Turkey’s financial market. Not only did President Recep Tayyip Erdoğan appoint a new finance minister on Thursday but Fitch Ratings also revised the country’s outlook to negative. For traders it is simply impossible to determine which way the hazelnut market will turn. Much also depends on Ferrero, the TMO and demand.
Dec 1, 2021
MANILA. In addition to high commodity prices, export prices for desiccated coconuts have also increased. And since all bad things come in threes, there is no relief in sight for freight costs either.