NPX 20/22 traded above $4/lb in the global almond market the week ended Tuesday as an apparent scarcity of large-size Nonpareil kernels continued to bolster prices for those items even as smaller-size kernel prices fell.
Month: September 2021
Prices in the global almond market mostly slipped the week ended Tuesday partly due to softer demand in a market still seeking direction from the 2021 harvest.
The fall in new sales for August underscores the recent disconnect between buyers and sellers on new crop trade.
The assessed NPIS price fell 6 cents the week ended Tuesday while most assessed Nonpareil kernel prices climbed as the market balanced softer demand from India with expectations for smaller 2021 crop sizing.
Almond exporters question whether a reduction in the vessel backlog at the port will alleviate shipping delays.
Inshell prices stabilized in the global almond market the week ending Tuesday as demand from China increased.
How Europe manages almond inventories following record imports from California could influence near-term prices in the global almond market.
Inshell prices fell in the global almond market the week ending Tuesday on weaker demand from India.