Almonds Latest news - 22.12.2011
Where most buyers still believe that prices will drop, shipping numbers and commitments are saying the opposite. Sales are still strong and keeps the almond industry, even in these difficult times, on schedule to market the 1.95 billion pounds. Strong demand still mainly comes from China and is expected to slow down due to Chinese New Year. This together with information about a good bloom may give some relief. Bad news about new crop (talks started already) will most probably cause increases. All in all we expect this market not to change too much and with almonds being the most attractive priced nuts we recommend to continue forward booking for this item.