Pistachios: political tensions impact market

January 27, 2020 1:23 PM, Der AUDITOR
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TEHRAN. Market players in Iran report that exports have surged in December. Now, however, the political tensions between the US and Iran have curbed demand.

Exports surge by 343%

Exports surged by as much as 343% in December 2019 over December 2018 as Iran shipped as much as 14,226 metric tonnes of pistachio nuts and kernels overseas. This rise is mainly driven by the increase in production. Good weather conditions and rain in spring gave yields and quality a boost. In addition, the increase in currency value enabled traders to market pistachios at more competitive prices. Nevertheless, it should be noted that the 14,226 metric tonnes exported in December 2019 fall short of the volumes shipped overseas in December 2015-

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