Almonds: organic crop smaller than expected

October 20, 2020 at 3:18 PM , Der AUDITOR
Play report as audio

MADRID/SACRAMENTO. According to market players, the organic almond crop in Spain was lower than expected. Traders are hoping for a good Christmas business despite the current situation.

Prices for organic almonds rise drastically

Spanish almond prices are following the international trend, fuelled by the expected record crop in California. In recent weeks, the low price level has led to increased demand; however, trading activity has now slowed down and is significantly lower than usual at this time of year. Market players are hoping for a reasonable Christmas business, but reckon that sales markets that depend on large celebrations, tourism and walk-in customers will continue to live from hand to mouth for the time being.

Th

View related articles

Go to the News Overview
Nuts
Nov 1, 2024
ISTANBUL. As the candy bar Dubai chocolate has gone viral demand is up for pistachios. This has impacted supplies in Turkey.
Nuts
Oct 31, 2024
ORDU. This year’s SIAL was not quite what exporters in Turkey had in mind for hazelnuts. Price negotiations are also extremely difficult.
Nuts
Oct 30, 2024
MANILA/BANGKOK. Drought and pest infestation are causing coconut growers in Thailand a lot of trouble this season. Philippine exporters, however, are pleased with the good export figures.
Nuts
Oct 29, 2024
MADRID/SACRAMENTO. Producers are not quite as optimistic as official government bodies in Spain and California. Exports have started off well for almonds in Spain. US suppliers are urging buyers to act.