Pine nuts: sluggish customs clearance makes raw nut imports more difficult

May 26, 2020 2:28 PM, Der AUDITOR
Play report as audio

PEKING. Chinese pine nut traders still have problems in obtaining raw nuts from Russia. At the Russian-Chinese border...

... only about 30 trucks per day are cleared at the border crossings, therefore deliveries are proceeding only hesitantly. However, the number of trucks is to be increased, so that the customs checkpoint in Suifenhe, for example, can allow up to 70 trucks per day to enter China in the future. There is not much demand from abroad which leaves traders rather unsatifsfied. It is still unclear when pine nut exports from China will resume their normal course.

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.