A BRC AA Grade certified importer and distributor of Dried Fruit, Nuts, Seeds, Pulses & Grains.
Date: 16th May 2024
U.S. Pistachio Shipments Soaring This report highlights the continued strength of the American pistachio industry, particularly in terms of shipments. April 2024 saw a nearly 9% increase in shipments compared to the same month last year. Even more impressive, year-to-date shipments are currently 50% higher than at the same point in 2023. Global Demand on […]
Read More
Date: 16th May 2024
Executive Summary: The sultana and raisin market is facing a severe shortage of raw materials due to a smaller 2022 crop and early indications of a tight 2024 crop. Prices are expected to remain high throughout 2024 and potentially into 2025. Current Crop (2022): The Turkish Grain Board (TMO) sold its remaining 2022 crop of […]
Read More
Date: 15th May 2024
California Surprises with Strong April Shipments California almond shipments defied expectations in April, reaching the second-highest level ever for the month at 241.48 million lbs. This represents a significant 22.4% increase compared to April 2022 (197.26 million lbs). Exports Drive Growth The surge in shipments was largely driven by robust export markets, particularly: India: Up […]
Read More
Date: 3rd May 2024
Flaxseed – A decision has finally been made and Kazakh flaxseed will be able to continue being transported through Russia to the EU without any import duties. The original proposal consisted of a phasing rule being applied. 10% import duty until end of 2024, 20% import duty during 2025, and 50% import duty from 2026 […]
Read More
Date: 3rd May 2024
Coconut Market Update 03/05/2024 A relentless heatwave is reaching unprecedented levels in Asia. Across the region, Governments are sounding alarms as temperatures soar to hazardous heights. Thailand for example, is facing scorching temperatures surpassing 42 degrees Celsius, with some areas experiencing staggering highs of up to 52 degrees Celsius. This extreme heatwave isn’t isolated to […]
Read More
Date: 1st May 2024
India stands at the forefront of sesame seed production, with Gujarat and Andhra Pradesh leading the charge. Gujarat, known for its substantial white sesame yields, is expected to generate between 175,000 and 200,000 metric tons. However, varying weather conditions might lead to a decrease in production. Meanwhile, Andhra Pradesh is set to contribute significantly, with […]
Read More
Date: 29th April 2024
The effects of El Nino in the first quarter of this year were expected to be worse than they currently are, resulting in supply potentially getting tighter. We are now at a stage where farmers are demanding payment upfront and in turn so to are suppliers, thus stretching payment terms thin putting pressure on costs. […]
Read More
Date: 26th April 2024
Summary: This report provides a brief overview of the market conditions for four tropical fruits: pineapple, papaya, mango, and coconut. Pineapple: Supply: Daily supply has decreased significantly after the Songkran holidays (April 13-18, 2024), dropping from 2,500-3,000 metric tons (mt) per day to just 2,000 mt per day. Price: Prices have risen due to the […]
Read More
Date: 23rd April 2024
The Sterling weakened this week to the lowest levels since November 2023 following last week's strong data from the USA. With signs the US economy is stronger and more resilient than expected, markets anticipate that high-interest rates may persist for longer than originally forecasted.
Read More
Date: 22nd April 2024
The market in cashews is again much firmer this week. SOUPARNIKA has seen some very good demand from Japan and Europe and shipments for June through November are also being bid on. Indications for regular raw seed are hard to find, and our supplier is struggling to get any firm offers. During the past two […]
Read More©0 - 2024 Chelmer Foods. All rights reserved.
Website by Markadept | Report a fault with this website.