November 19, 2020 10:44 AM
Editorial content from Der AUDITOR
Nuts

Pine nuts: prices continue to rise

BEIJING. The shortage of raw nuts as well as the Covid-19 situation are causing the prices for pine nuts to continue to rise; they increased by more than USD 2,000/mt in the course of this week. Market players do not see an imminent end to these difficulties.

 

This report contains:

- a short market update
- the latest price indications
price charts

 

 
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Pistachios: suppliers do not stand a chance
TEHRAN. Iran’s pistachio suppliers do not stand a chance in the international market this year. Not only has frost severely impacted production but inventories are also running low. The US sanctions are also not exactly helpful. These are, however, not the only problems.
6/10/21
Walnuts: smaller crops in the USA and Chile
SACRAMENTO/SANTIAGO. The US achieved a record walnut production of just over 707,000 mt in 2020, but a repeat of this is not to be expected for 2021. Chile's crop estimates were also reduced.
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Peanuts: adverse weather conditions delay US sowing
ATLANTA. Sowing in the USA is delayed because it is too dry in some growing regions, while other states are affected by cold temperatures and heavy rainfalls. Exports, however, look pretty good.
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Cashews: sheer incredible exports give rise to speculations
HANOI/NEW DELHI. Cambodia shipped an incredibly high volume of 836,000 mt raw cashew nuts to Vietnam between January and April as the Vietnam Cashew Association (Vinacas) reports. Total shipments from Cambodia to Vietnam, by contrast, ranged at a much lower 219,000 mt in 2020. Although Vietnam has indeed drastically stepped up imports, this cannot fully explain the sharp rise in shipments from Cambodia. Prices have taken a rather surprising turn in Europe. Traders are hoping for a sustained recovery in India, where the devastating surge in Covid-19 infections basically brought parts of the market to a standstill.
6/7/21
Almonds: crop losses of up to 70%
MADRID/SACRAMENTO. In addition to frost, some almond farmers are also struggling with damage caused by fungal infestation. Organic almonds are particularly affected.
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Hazelnuts: procurement strategy based on weak lira is not without risk
ORDU. Turkey's hazelnuts exports may far exceed expectations this season. As buyers are reckoning with further sharp declines in the Turkish lira they prefer to wait and hope to profit from low export prices. This procurement strategy is, however, not without risk.
6/7/21
Brazil nuts: massive price increases
SUCRE/LIMA. With significant production declines expected for 2021, prices have skyrocketed in recent weeks. Some drastic changes have also been recorded in EU imports.
6/2/21
Peanuts: the market is in waiting mode
ATLANTA/BUENOS AIRES. Many buyers, especially in the EU, are currently holding back on new purchases. This is due to high stocks and market players waiting for the crops from Argentina and Brazil.
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Pecans: China shakes up the market
ATLANTA. After China had largely withdrawn from the US pecan market during the trade dispute, there is now a clear upward trend again. Nevertheless, farmgate prices remain at a ten-year low.
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Cashews: Vietnam plans to strengthen trade relations with Africa
HANOI/ALGIERS. At the 7th African Trade and Investment Forum in Algiers, intensive discussions took place, also between the Vietnamese ambassador and African delegates from various trade sectors. Cashew nut cultivation also played an important role.
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Harvest dates
Next harvest dates for Pine nut
Country
Start of harvest
USA
8/1/21
Russia
8/1/21
Pakistan
9/1/21
Afghanistan
9/1/21
North Korea
9/1/21
China
9/1/21
Kazakhstan
9/1/21
Italy
10/1/21
Portugal
11/1/21
Spain
11/1/21
Find out more
Crop sizes

Crop sizes for Pine nut
Country
Year
Crop size
Russia
2019
17,000 mt
China
2019
14,500 mt
North Korea
2019
12,000 mt
Afghanistan
2019
5,000 mt
Pakistan
2019
5,000 mt
Portugal
2019
2,000 mt
Mexico
2019
1,696 mt
Turkey
2019
1,300 mt
Spain
2019
500 mt
Italy
2019
400 mt
Find out more