Chandler walnut: Bad weather in Chile pushes the price

Walnut Kernel

Nuts & Seeds

Chile

Sustainability & Environmental Impact

Market & Price Trends

Published Mar 16, 2024

Tridge summary

Chilean Chandler 80 shelled walnut, delivered to Europe, has recorded an increase of 13%, +51% compared to March 2023. This is the data that emerges from the analysis by Areté – The Agri-Food Intelligence Company -, a company that provides analysis and forecasting services on the agrifood raw materials markets. The main market operators expect production drops of more than 10%. The prospects of lower supply, in a context of already limited stocks, are met with rigid demand.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Since the beginning of March, the price of the Chilean Chandler 80 shelled walnut, delivered to Europe, has recorded an increase of 13%, +51% compared to March 2023. This is the data that emerges from the analysis by Areté – The Agri-Food Intelligence Company -, a company that provides analysis and forecasting services on the agrifood raw materials markets. From the analyzes it emerges that what is driving the Chilean market is above all the deterioration of the prospects for the 2024 harvest (which has just begun) which is suffering from the effects of unfavorable weather . The main market operators expect production drops of more than 10%. The prospects of lower supply, in a context of already limited stocks, are met with rigid demand, ...

Source: Fresh Point Magazine