International News

You are here:Home - News - International News

Buyers and Sellers of California Almonds Market Seesaw: Quality May Worse Than Before

Pubtime:2017-09-18Author:Source: Hits:

California Almonds have been started harvesting for nearly a month. The price fluctuated frequently in one month, and the highest NP price once reached 2.45. Currently, since both buyers and sellers lack power for further development, the market becomes every quiet, and NP price keeps at 2.35-2.4.


For harvest, currently, messages passed from farmers in California are pessimistic. Compared with former years, the insect damage is the largest potential quality problem this year, while NP output is not as high as expected, and grains are not as large. Recently, the rainfall in some area of California brings some uncertain factors to quality.


Recently, California will release delivery report in August, which may drive fluctuation of price. However, all fluctuations may be controlled within “certain scope”. Large amount of rise or fall is not realistic.