South African kernel prices ease on lower offers
Most South African kernel prices softened in the global macadamia market during the week ending on Friday as new crop offers emerged at slightly lower levels.
Most South African kernel prices softened in the global macadamia market during the week ending on Friday as new crop offers emerged at slightly lower levels.
The Chandler L HP 80 premium to Chandler L HP 20 shrank to a crop-year low in the global walnut market during the week ending on Thursday due to stronger demand for the lower half-count items.
Prices for most assessed items declined in the global almond market during the week ending on Tuesday due to increased selling interest and limited inshell demand.
Most assessed kernel prices strengthened in the global pecan market during the week ending on Tuesday, continuing a multi-week upswing.
South African nut inshell (NIS) 2025 crop prices declined in the global macadamia market during the week ending on Friday as the first NIS trades that will ship from the new crop were reported at levels below several sellers’ expectations.
U.S.-origin Chandler L HP 20 and 40 halves-count items rose to new crop-year highs in the global walnut market during the week ending on Thursday as buyers chased limited California offers.
Prices for large-sized, higher-grade kernels firmed in the global almond market during the week ending on Tuesday as buyers looked to start backfilling Ramadan demand.
Macadamia kernel prices rose to multi-month highs during the week ending on Friday as processors with remaining 2024 crop inventory secured higher prices from buyers seeking coverage.
The Chandler L HP 40 premium to Chandler L HP 20 narrowed in the global walnut market during the week ending Thursday as international buyers showed more interest in the lower halves size for Q2 and Q3 shipment.
Assessed prices moved marginally in the global almond market during the week ending on Tuesday after the release of a new report highlighting firmer shipments from California, weaker sales, and lingering uncertainty about the size of the state’s crop.