Pistachios: sharp rise in exports to China

September 14, 2020 1:25 PM, Der AUDITOR
Play report as audio

TEHRAN. Ranging nearly 25% below the volumes shipped overseas in July Iran’s pistachio exports have slumped in August. Nevertheless, the export performance has been quite good this season so far. Prices have fluctuated greatly over the last few weeks.

Record exports in July/August

Iran shipped 9,899 mt of pistachios overseas between 22 July and 21 August, down 24.8% on the 13,164 mt exported in June-July. This decline is attributed to the new harvest season which will start in October as many buyers prefer to wait for the new crop. Nevertheless, it should be noted that exports range as much as 172% higher than the 3,628 mt shipped in the same period last year and poses a new monthly record. Of the 9,899 mt shipped in July/August, 7,244 mt were open-mouth pistachios and 1,233 mt closed-mouth pistachios. On top of

View related articles
Go to the News Overview

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

Hazelnuts: with pomp and circumstance

ORDU. President Recep Tayyip Erdoğan is expected to announce the TMO bid for hazelnuts with pomp and circumstance in Giresun next week. Although Turkey is mainly closed for Eid this week, the central bank has caused some commotion in the market by keeping the key interest rate unchanged at 19% - quite against Erdogan’s wishes. This move has certainly taken analysts by surprise. Suppliers are wondering in how far the central bank chief will be able to maintain his independence.
7/19/21, Der AUDITOR

Pistachios: traders refute INC assessment

TEHRAN/REUS. Traders are highly concerned over Iran’s ability to compete in the international pistachio market. Although recently issued export data was rather encouraging, frost and extreme heat will certainly impact this year’s production. On top of this, farmers are confronted with several problems. Local traders very much contradict the International Nut and Dried Fruit Council’s (INC) optimistic outlook.
7/19/21, Der AUDITOR

Pecans: high buying interest motivates growers

ATLANTA. Year-on-year, US pecan shipments rose by more than 26% during the first nine months of the season. This is motivating farmers to increase acreage to meet the high demand.
7/15/21, Der AUDITOR