Almonds: Shockingly high demand

August 23, 2017 at 12:19 PM , Der AUDITOR
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MADRID. The surprisingly high demand for Californian almonds has led to considerable price increases. In Spain, however, the situation is much more relaxed.

 

Relaxed situation in Spain

The market in Spain is firm, which may be regarded as a sure sign that production will not hold any bad surprises. Official estimates recently stood at 56,000 mt and newer estimates are not yet available. Although crop losses have occurred in small growing regions, this has no impact on the prices.

Spanish almonds

type

EUR/kg

Valencia, >14 mm, natural

5.30

Valencia, 12/14 mm, natural

4.90

Marcona, 12/14 mm, natural

7.95

Largueta, 12/13 mm, natural

9.50

EXW Spain

 

Rising prices in the US

The situation in the US is completely different. Surprisingly good export data and rumours that production will fall short of the estimated 1.02 M mt have caused prices to rise. The market is eagerly waiting for more reliable production estimates.

US almond prices

type

EUR/kg

California, SSR, 27/30, blanched

5.80

blanched, sliced

5.80

blanched, diced

5.40

blanched, slivered

5.40

almond meal, blanched

5.30

EXW Spain

 

Attached Files

File icon
almond meal price chart
File icon
almonds natural price chart

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