Prices Advance in Thin Trade
Prices ticked higher in the U.S FAS market during the week ending December 29 as California sellers withdrew for the holidays.
Month: December 2020
Australia Begins to Compete for Inshell Buyers in India
Prices strengthened in the U.S. FAS market during the week ending December 22 as packers raised offers following what they interpreted to be a positive November 2020 position report.
November Position Report Inspires Sellers
Almond sales in November grew compared with the same month last year, the latest position report from the Almond Board of California shows. November shipments increase 11.6%.
Prices Rise as Shipping Problems Dampen Business with China
Prices strengthened for the third consecutive week in the U.S. FAS market during the week ending December 15, partly on continued demand for inshell almonds from India.
Almond Prices Strengthen Across the Complex as Trade Ramps Up
Prices firmed in the U.S. FAS market during the week ending December 8, primarily on demand from Europe and India as shipping problems appeared to worsen. The spike in buying interest surprised some market participants expecting quieter sales following the recent bullish monthly shipments.
Shipping Container Shortages Expected to Persist through February, Hapag-Lloyd Says
Almond exporters are struggling to send product to customers overseas due to shipping container shortages. The shipping company believes it could get easier by February.
October Almond Exports from Australia Increase
Australian almond exports doubled in October compared with the same month last year. Marketing year-to-date exports remain down.
Shipping Container Shortages Expected to Persist through February, Hapag-Lloyd Says
Shipping constraints at California ports, which have caused logistical headaches for the global almond market, are likely to continue until at least February 2021, according to the shipping giant Hapag-Lloyd AG. Almond exporters, as well as other agricultural exporters, are reporting that the lack of shipping containers is preventing them from sending their product to …
Shipping Container Shortages Expected to Persist through February, Hapag-Lloyd Says Read More »
Demand Increase After U.S. Holiday, Bolstering Prices
Historically low almond prices and a weakening U.S. dollar helped spur demand in the U.S. FAS market during the week ending December 1, lifting prices for some key items.
Australia Seeks to Broaden Export Markets as Tensions Rise with Its Largest Buyer
Almond exporters in Australia are seeing some success in making themselves less reliant on China, even though China remains their largest global buyer.
