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Prunes: supply bottlenecks seem inevitable

June 9, 2021 at 3:09 PM , Der AUDITOR
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SANTIAGO. As the crops in the main growing countries are all smaller than hoped for this season, traders are desperately looking for alternative options. However, these come at a high price.

Losses cannot be fully compensated

The outlook for the coming prune season remains bleak. After the crop in Chile turned out to be only half as large as hoped for, according to market players mainly due to the heavy rains that made drying the fruit almost impossible, traders are desperately looking for replacements. The problem is that crops in California and Argentina are also down, and France is no better off due to late night frosts. Buying interest is now turning to hitherto rather inconspicuous countries of origin, which are, however, taking advantage

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