Dried Fruit

Prunes: production falls well short of expectations in Chile

May 26, 2021 9:53 AM, Der AUDITOR
Play report as audio

SANTIAGO/MADRID. The season is set to be tough in the prune market. Sharp production declines are expected in all countries and it is next to impossible to obtain any offers. To make matters worse, the lack of containers is rendering transport more expensive.

Weather conditions render proper drying impossible

The prune market is confronted with massive challenges this season. Producers in Chile, which is the most important supplier for the EU, are hit particularly hard. Problem is that the crop was only half the size as expected and that the weather was too wait during drying. Strong rain made it next to impossible to dry the fruits a level ranging below the maximum of 32%. Production also falls well short of expectations in California and in Argentina. Prospects are also far from encouraging in Europe, where sudden frosts caused considerable damage in France in April. 

Prices have doubled

As Catz International reports the situation has prompted nearly all suppliers to refrain from issuing offers and reference prices. Producers in Chile are only able to supply regular customers this season. While pitted US prunes were still trading at EUR 3.30/kf FCA Spain in April they have now doubled. Prices have taken a similar turn in other producing countries. Production declines are, however, not the only problem. The lack of containers is rendering exports highly complicated as shipments are more expensive now and considerable delays are being reported. 

 


View more
price charts for dried fruit
price charts for edible nuts, spices, oilseeds and more

View related articles

Go to the News Overview
Nuts
Sep 28, 2022
MANILA. The coconut market, like all other markets, has been badly hit by the crises in the world market. In addition, there is the typhoon season, which has already caused damage in the Philippines; all this will have an impact on prices.
Dried Fruit
Sep 28, 2022
IZMIR. Turkish exports of dried sour cherries experienced a heavy damper at the beginning of the new season. Due to the low demand, export prices also had to be adjusted.
Dried Fruit
Sep 27, 2022
AYDIN. In Turkey, dried fig production is now almost complete and the 2022/2023 export season is due to officially start next week. There are, however, significant price differences.
Dried Fruit
Sep 27, 2022
MALATYA. Although exports for the new season are far below last year's levels, exporters are expressing satisfaction. Growers, meanwhile, are far from happy with the farmgate prices, which do not come close to covering production costs.