Nuts

Pistachios: Vague prospects

October 25, 2016 at 8:11 AM , Der AUDITOR
Play report as audio

TEHERAN. The market for pistachio kernels is waiting for reliable information from Iran.

As the largest exporter for pistachios, Iran has a fixed position in worldwide trade with the product. Due to the political situation, it is very difficult for interested parties to assess the offered quantities and prices from Iran. According to unverified reports, the harvest in 2016 was slightly smaller than in 2015. Due to favourable weather conditions, however, the quality is better than in 2015.
The previous year’s stock out of crop 2015 is projected to suffice into the first quarter of 2017, before produce out of crop 2016 reaches the market.

Prices and demand steady

A marginal reduction in quantity is reported from the markets which resulted in minimal price increases in the beginning of October. The demand for pistachios in Europe is steady. The price level for the market in 2017 is expected to be much like that of the current year. 

View related articles

Go to the News Overview
Nuts
Mar 27, 2024
BRUSSELS/QINGDAO. Prices have taken a rather odd turn for walnuts in China. The country has also gained market shares in Europe this season.
Nuts
Mar 25, 2024
NEW DELHI. With Holi, the Hindu Festival of Colours, Love and Spring, being celebrated on 25 March peanuts should have taken a sharp downturn. Yet, China caused things to play out differently. Suppliers are waiting to ship the new crop in Tanzania and sales are already underway in the USA and Brazil.
Nuts
Mar 21, 2024
CANBERRA/SACRAMENTO. While the almond blossom in California has come to a positive conclusion, growers in Australia are already worried about whether the blossom period in August will be severely affected by the current restrictions. In addition, Australian almond shipments have been declining in recent months.
Nuts
Mar 21, 2024
FRESNO/TEHRAN. Domestic demand for pistachios is still rather disappointing in the US. Yet, exports experienced another record month in February. Sentiments are highly upbeat about this year’s crop in Iran.