India steps back, but prices continue to rise
The assessed STD5 price rose 6 cents in the global almond market during the period ending on Tuesday, its sharpest on-week gain in nearly a year.
The assessed STD5 price rose 6 cents in the global almond market during the period ending on Tuesday, its sharpest on-week gain in nearly a year.
The assessed Fancy Jr Mam H price fell 14 cents in the global pecan market during the week ending on Friday, dropping below its 24-week average for the first time in months on tepid demand. Most other assessed items also declined.
Prices of U.S.-origin kernels made marginal gains and losses in the global walnut market during the week ending on Thursday as demand from the Middle East and Japan supported lower half-count prices while Chandler L HP 80 and pieces prices fell to crop year lows.
Prices edged up in the global almond market during the week ending on Tuesday on consistent demand from most consumption regions and limited offers from California.
Prices levelled or rose in the global pecan market during the week ending on Friday as sellers held to offer levels and buyers showed more demand for spot purchases.
Prices of most U.S.-origin items slipped in the global walnut market during the week ending on Thursday on tepid kernel demand from Europe and Northeast Asia and increased selling interest from the U.S.
The increasing likelihood that California will produce a smaller crop and finish its marketing year with a smaller carry-out compared with last year helped strengthen prices for all assessed items in the global almond market during the week ending on Tuesday.
All assessed inshell and kernel items declined or stayed flat in the global pecan market during the week ending on Friday as tepid demand and a reluctance on the part of sellers to lower offers stymied trade.
U.S.-origin inshell prices firmed in the global walnut market during the week ending on Thursday as California’s latest shipment report revealed record inshell shipments for December and an increase in overall monthly sales.
Prices strengthened in the global almond market during the week ending on Tuesday as buyers chased rising offers ahead of a new position report from the Almond Board of California (ABC).