STD5 extends rally, broader gains slow
European demand helped push the assessed STD5 price to a fresh high in the global almond market for the week ending on Tuesday, as new reports offered further clarity on global supply.
European demand helped push the assessed STD5 price to a fresh high in the global almond market for the week ending on Tuesday, as new reports offered further clarity on global supply.
Prices for most assessed kernel items rose in the global pecan market during the week ending on Monday as the USDA confirmed details to purchase kernel pieces that will ship later this year.
Demand from Europe and China helped bolster nearly all assessed South Africa-origin nut inshell (NIS) and kernel prices in the global macadamia market during the week ending on Friday.
Prices for assessed Chilean inshell items rose in the global walnut market during the week ending on Thursday as demand from India increased.
A new forecast predicting a larger crop in California failed to halt a long-running price upswing in the global almond market during the week ending on Tuesday as prices strengthened for the 10th straight week.
Assessed halves prices firmed in the global pecan market during the week ending on Monday as shellers held off on selling pieces while waiting for a planned USDA purchase.
Prices for most South Africa-origin kernel items moved higher in the global macadamia market during the week ending on Friday amid consistent European demand.
Chile-origin inshell prices softened for a second consecutive session in the global walnut market during the week ending on Thursday as handlers lowered offers to spark buying from Turkey.
Prices strengthened across the board in the global almond market during the week ending on Tuesday, supported by tight inventories, steady demand, and a new report highlighting robust March sales from California handlers. The upward momentum came just before a forecast projected the state’s 2025 almond crop will be slightly above last season’s level.
Kernel prices moved in mixed directions in the global pecan market during the week ending on Monday as demand appeared cautious and sellers focused on fulfilling existing orders.