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🚀Almond Market Update: What's Driving Demand and Cracking Prices?🚀 The almond market is buzzing with opportunities despite challenges in price discovery. Whether you're a buyer, supplier, or industry enthusiast, here’s what you need to know: 🔸 Price Discovery Challenges: Market participants are navigating uncertainties, making price discovery a key focus. 🔸 Steady Demand: Despite lower trade volumes, demand from European and Middle Eastern buyers remains robust, with Asian inquiries on the rise. 🔸 India’s Impact: As the largest consumer of in-shell almonds, India is set to re-enter the market post-Diwali, potentially adding pressure on the supply side. With the market as dynamic as ever, it's a good time to ensure your strategies aren’t... cracked! Would you like to discuss these insights further or explore how we can support your supply chain needs? We're here to help. Feel free to reach out to our team for any questions or comments. 📧 [email protected] 📧 [email protected] 📧 [email protected] Your browser does not support viewing this document. Click here to download the document.
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Despite a weaker sales and shipment outlook from the August position report, the almond market and prices are strengthening. Here's what's driving the trend: 🔸 Market Strength Amid Harvest Concerns: Ongoing concerns surrounding the current harvest season are supporting price increases, even with lower shipments on record. 📈🚜 🔸 Rising Demand: As winter approaches and with the holiday season around the corner, demand is picking up to cover seasonal needs. We expect the market to remain stable and firm in the near future. 🛒🎄 Stay informed and well-positioned as the market evolves! Your browser does not support viewing this document. Click here to download the document. Here’s a quick look at the almond market: • The market is holding firm due to lower-than-expected new crop yields and a reduced carryover. 📉 • Reduced availability of 23/25 and 20/22 sizes is driving higher premiums for 23/25 AOL. Meanwhile, NPX and INDX sizes are closing the price gap and keeping things competitive. 📊 • With the global market still uncovered, we expect strong sales to continue as buyers restock and address potential price increases. 📦💰 Your browser does not support viewing this document. Click here to download the document. 🚜🌰 Almond Market Update: Harvest is happening! The almond market is on a tightrope right now. Early harvests are showing a smaller crop and smaller sizes, so prices are doing a little dance upwards across almost all grades. 💸 Meanwhile, we’re seeing increased demand from the Middle East as buyers prepare for the upcoming winter season. ❄️ Curious about what’s next? Check out our full report for the scoop on these nutty trends! Your browser does not support viewing this document. Click here to download the document. |
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