Almonds: price trend continues

June 3, 2020 at 11:28 AM , Der AUDITOR
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MADRID/SACRAMENTO. Almond prices remain on track this week. Spot marekt prices for US almonds, however, differ notably from the prices for the new crop.

No price turnaround expected

The encouraging production estimates in Spain and California continue to weigh heavily on the market. Although there are nominal differences in price depending on supplier, the general price trend continues its downward turn.

Spanish Valencia almonds are trading EUR 0.10 per kg lower than last week and US almonds EUR 0.15 per kg lower. Many traders are already offering cheaper longterm contracts for the new crop as of August with prices rangin EUR 0.10-0.50 per kg lower. This is around three months before the arrival of the US crop in Europe. Only above-average US export data for May, which will be issued next week, could give the market a lift. This, however, is a highly improbable event.

Almonds

Type

EUR/kg

Valencia, 12/14 mm, natural, Spain

4.45

Valencia, 12/14 mm, blanched, Spain

5.30

California, SSR, 27/30, natural, USA

4.35

Carmel, SSR, 27/30, natural, USA

4.25

Almonds, diced, USA

4.80

Almond meal, blanched, USA

4.60

FCA Spain

View more information
price chart, almonds. natural. 18/20, Valencia
price chart, almonds, natural 27/30, Largueta
price chart, almonds, blanched, 27/30, California SSRmore price charts

Attached Files

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price chart almonds natural California 27-30 SSR
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price chart almonds natural Valencia 12-14 Spain

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