Latest News - Page 55

Dried Fruit

Oct 12, 2021

Dried apricots: no end to the price rally

MALATYA. Week after week, Turkish market players expect apricot prices to have peaked - and are wrong again this time. Suppliers are increasingly getting into trouble as a result.

Spices

Oct 12, 2021

Saffron: crop decline does not leave prices unaffected

TEHRAN. Saffron cultivation in Iran is expected to be significantly smaller this year. As a result, the first price adjustments have been observed in recent weeks.

Spices

Oct 12, 2021

Cumin: Iran's exports plummet

TEHRAN. Crop damage is causing a considerable shortage in the Iranian cumin market and the quality also leaves much to be desired. This was particularly noticeable in the first six months of this season, both in export figures and in export prices.

Oilseeds

Oct 12, 2021

Pumpkin seeds: speculators rely on tactics

BEIJING. After prices had risen due to numerous speculative purchases, buyers are now following a new tactic. The most preferred kernels are still shine skins.

Oilseeds

Oct 11, 2021

Sesame seeds: cultivation decreases compared to 2020

NEW DELHI. Compared to last year, significantly less sesame seeds were grown in India for the Kharif crop. With the arrival of the crops, there are again more offers in EU quality. Meanwhile, Indian exporters were able to win a large part of the last sesame seed tender.

Dried Fruit

Oct 11, 2021

Dates: export demand causes prices to rise

ZAHEDAN. In the Sistan and Baluchestan province, which is Iran's second largest date producer after Bushehr, the harvest is in full swing. Increased export demand is driving prices up.

Nuts

Oct 11, 2021

Hazelnuts: harvest can finally be completed

ORDU. A more stable weather situation should ensure that the drying process of the hazelnut kernels can finally be completed. Due to the higher bid prices of the TMO, farmers continue to preferably sell their goods to the state organisation for the time being.

AUDITOR Issues

Oct 8, 2021

The AUDITOR Issue 39/2021

Download the latest weekly edition of the AUDITOR containing objective market reports, reliable price charts and market prices along with the most up to date market statistics offering all you need to trade successfully.

Spices

Oct 8, 2021

Spice market update: Indian pepper traders have an advantage

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.

Oilseeds

Oct 7, 2021

Sesame seeds: main crop from Gujarat now available

NEW DELHI. The new crop from Gujarat is available, but traders are still holding back due to the low quality. In other Indian states, the sesame seed crop is said not to have been affected by the excessive rainfall.

Dairy Products

Oct 7, 2021

Butter: prices approach record levels

FRANKFURT/BRUSSELS. EU average butter prices have hit levels last seen in March 2019. Prices in Germany are also approaching levels last witnessed in the record year 2018. Prospects are, in addition, mixed in the USA.

Oilseeds

Oct 7, 2021

Flaxseed: uncertainty about crops in Eastern Europe

OTTAWA/NUR-SULTAN. The availability of the flaxseed crops in Russia and Kazakhstan is still a big question mark for market players. In Canada, too, work in the fields is slowly coming to a close.

Nuts

Oct 7, 2021

Pecans: new season becomes a challenge

ATLANTA. High demand and smaller crops are fuelling market players' fears that supplies may run short in the 2021/22 season. Chinese buyers are already stocking up for the New Year celebrations in February.

Organic Commodities

Oct 7, 2021

Organic chia seeds: weather adversities cause prices to rise sharply

ASUNCION/KAMPALA. Frost and drought have severely affected South America's chia crops this year. A massive price increase was the result, accompanied by higher procurement costs in the international market due to logistical hurdles and restrictions.

Oilseeds

Oct 6, 2021

Blue poppy seeds: market players cannot reach agreement

CHRUDIM/ANKARA. In the Czech blue poppy seed market, there is disagreement between buyers and sellers about prices for the new crop. In Turkey, however, poppy seed prices are holding at the level of the past weeks.

Nuts

Oct 6, 2021

Cashews: India introduces new hybrid variant

NEW DELHI/DAR ES SALAAM. The Directorate of Cashew Research in India has presented a new cashew hybrid variety that is expected to bring great benefits to farmers and producers. Tanzania, meanwhile, starts the new trade season this week.

Oilseeds

Oct 6, 2021

Sunflower seeds: prices defy cultivation figures

SOFIA/BRUSSELS. While the sunflower seed harvest in Bulgaria is now complete, farmers in Russia and Ukraine are still in the process. A price decline is still not in sight. Meanwhile, the EU Commission announced its updated crop estimates.

Dried Fruit

Oct 5, 2021

Dried figs: hike in exports

TEHRAN. Iran’s dried fig exports more than doubled on last year between March and August. In Khafr county in Fars Province monthly exports were even 322% up on August on last year. Harvesting is well underway here.

Dried Fruit

Oct 5, 2021

Raisins: farmers tricked to buy counterfeits

MALEKAN. Frost, hail and drought occurring in recent months have smashed all hopes of a good production in Iran’s East Azerbaijan Province this year. While initial production estimates for grapes exceeded 305,000 mt, they have now been slashed to 180,000 mt. Around 85% of the grapes produced here are processed into California and sultana raisins. Counterfeit pesticides are also a problem.

Nuts

Oct 5, 2021

Almonds: Spain's Ministry of Agriculture announces latest crop estimates

MADRID. The current report on the 2021 almond crop of the Spanish Ministry of Agriculture, Fisheries and Food speaks of a production deficit of almost 15%. Despite high losses, however, Andalusia remains by far the most important almond-growing region in Spain.

Nuts

Oct 5, 2021

Walnuts: Ukraine expects production increases

KIEV. In the 2021/22 season, both a larger acreage and better yields are expected in Ukraine. Commercial production is also moving further into focus there.

Oilseeds

Oct 5, 2021

Mustard seeds: Canada's crop hits 40-year low

OTTAWA. Canadian authorities expect this year's crop to be the lowest since the 1970s. This is also reflected in the price forecasts for the 2021/2022 season.

Nuts

Oct 5, 2021

Desiccated coconuts: goods are scarce and expensive

MANILA. Even though the situation is no longer as tense as it was at the beginning of the year, coconut producers and traders are still struggling with major difficulties. Possible price reductions are thus a long way off.

Nuts

Oct 5, 2021

Pistachios: climate change impact

BIRJAND. Drought has impacted pistachio production in Iran’s South Khorasan Province for more than twenty years. Variations in temperature, reduced rainfall and humidity cause a lot of damage every year. Growers use wells and aqueducts to compensate for less rain. This year production is, however, not only expected to decline but growers are also confronted with additional challenges.

Dried Fruit

Oct 4, 2021

Dried figs: exports of the new crop start this week

AYDIN. The new dried fig season has begun and the first exports from the new crop are due to take place this week. The suppliers are correspondingly busy.

Dried Fruit

Oct 4, 2021

Dried apricots: prices reach all-time high

MALATYA. Farmgate prices in Turkey have continued to rise, leaving farmers cheering but also amazed. Nevertheless, export demand remains unbroken.

Dried Fruit

Oct 4, 2021

Sultanas: market prices not attractive for sellers

MANISA. Starting next weekend, the Anuga food fair will be held in Cologne in Germany. Many dried fruit exporters from Turkey will also be there to capture the sentiments of the buyers.

Nuts

Oct 4, 2021

Hazelnuts: Ferrero to act as game changer

ORDU. Quality is an issue in Turkey. Many hazelnuts have been rejected and the situation is not expected to improve. Problem is that drying is simply too slow and the weather forecasts are not exactly encouraging. Low quality does not, however, necessarily mean that prices will rise. Especially since Ferrero may well act as a game changer.

AUDITOR Issues

Oct 1, 2021

The AUDITOR Issue 38/2021

Download the latest weekly edition of the AUDITOR containing objective market reports, reliable price charts and market prices along with the most up to date market statistics offering all you need to trade successfully.

Spices

Oct 1, 2021

Spice market update: cardamom prices drop significantly

GUJARAT. Weekly monitoring with the latest market information from India on cumin, coriander and turmeric, chilli, black pepper and cardamom as well as a price list for more than 70 products.

Oilseeds

Sep 30, 2021

Sesame seeds: new tender to be announced this week

NEW DELHI. The new sesame seed tender from South Korea is expected soon and Indian exporters hope for good chances in participating. There was little trading activity in individual regions due to heavy rains.

Oilseeds

Sep 30, 2021

Flaxseed: worst crop result in over two decades

OTTAWA/NUR-SULTAN. Losses in the Canadian flaxseed market are becoming increasingly drastic. According to recent reports, the average yield per hectare is the lowest it has been in more than 20 years.

Oilseeds

Sep 30, 2021

Sunflower seeds: fluctuating production estimates

SOFIA/KIEV. In Russia and Ukraine, the sunflower seed harvest continues to progress. In both countries, about one third of the crop has been harvested so far.

Oilseeds

Sep 29, 2021

Blue poppy seeds: delayed availability causes prices to rise

CHRUDIM/BUDAPEST. Due to severe rainfalls, there are delays in processing the blue poppy seed crop at the cleaning plants. Many farmers are also hesitant to sell their goods.

Nuts

Sep 29, 2021

Cashews: Vietnam shows impressive exports

HANOI. According to the latest data from Vinacas, Vietnamese exports have increased significantly year-on-year in the first eight months of 2021. Consequently, imports are also much higher than in 2020.

Nuts

Sep 28, 2021

Walnuts: sellers are optimistic

SACRAMENTO/BEIJING. Given the good demand in recent months, US walnut traders are confident that they will have no problem selling this year's crop.

Dried Fruit

Sep 28, 2021

Dried figs: lower key interest rate keeps export prices stable

AYDIN. While the farmgate prices for Turkish dried figs continue to rise, this is not noticeable in the export prices. The reason for this is the measures introduced by the Turkish central bank at the end of last week.

Dried Fruit

Sep 28, 2021

Prunes: alternatives are scarce

SANTIAGO/SACRAMENTO. The international prune market is in trouble. The disappointing production result in Chile can only be compensated to a limited extent due to high prices for other dried fruit.

Dried Fruit

Sep 28, 2021

Dried apricots: artificial shortage drives prices up

MALATYA. According to reports from Turkey, the price increases continue - this applies to both commodity and export prices, for which there are now some offers again. Meanwhile, a few wholesalers are creating artificial shortages that are preventing price reductions.

Nuts

Sep 28, 2021

Hazelnuts: Erdoğan sends shockwaves through the market

ORDU. In cutting the key interest rate Turkey’s Central Bank not only took the market by surprise but also prompted the Turkish lira to crash. This naturally impacted the export prices for hazelnuts. Although buyers are very much prepared to take advantage of the current market situation, things are not quite as simple.

Dried Fruit

Sep 28, 2021

Sultanas: organic growers reluctant to sell

MANISA. While Tariş is stil remarkably quiet about when it intends to start buying sultanas and raisins, growers are happy to sell to the TMO. Around 6,500 growers have reportedly booked an appointment at one of the eleven purchasing points of the state-run organisation. Organic growers are holding back supplies in vain.

Nuts

Sep 27, 2021

Almonds: exports 6% up in Spain

MADRID. Spain's overseas shipments for almonds ranged higher in July. Total shipments for the season have nearly risen by 6% on last year. Concerns are, however, being voiced over crop losses at present. This has impacted prices.

Oilseeds

Sep 27, 2021

Pumpkin seeds: speculators probe the market

BEIJING. The Chinese pumpkin seed market attracts speculators who hope to make a big catch. For foreign buyers, however, prices are already at a six-year high due to the freight rates.

Nuts

Sep 27, 2021

Peanuts: Argentina struggles with logistical hurdles

BUENOS AIRES/ATLANTA. The peanut market is currently experiencing a lot of ups and downs, as Herman Driesens, manager at the Commodity Exchange in Rotterdam, states in his latest report on cornhouse.nl. Although high-quality crops are expected from Argentina and Brazil as well as from the USA, not all prospects are this promising.

Spices

Sep 27, 2021

Saffron: simple solutions to a big problem

TEHRAN. Saffron suppliers in Iran are losing more than 15% of added value in the export market at present. Issue is that saffron is sold in too large packages, which other countries repack and market much more successfully for consumers. Traders reckon that added value could even range two to three times higher if packaging is improved and illegal smuggling is stopped in its tracks.

AUDITOR Issues

Sep 24, 2021

The AUDITOR Issue 37/2021

Download the latest weekly edition of the AUDITOR containing objective market reports, reliable price charts and market prices along with the most up to date market statistics offering all you need to trade successfully.

Oilseeds

Sep 24, 2021

Sesame seeds: producers concerned about poor quality

NEW DELHI. Unfavourable weather conditions are causing further price corrections in the Indian sesame seed market. Gujarat is particularly affected, but market players are worried about the whole crop. A trend reversal can be seen in sesame seed imports to Germany.

Dried Fruit

Sep 24, 2021

Dates: supply demand imbalance

BANDAR BUSHEHR. Date harvesting started around 10 days early in some parts of Iran’s Bushehr Province due to hot weather. Exports form the province are expected to climb to 30,000 mt this year, despite economic problems and difficulties with Iraq and Afghanistan. Things are, however, less encouraging on the national level as the balance between supply and demand has been disrupted.

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