Chilean nut prices in Europe spit high: +51% over 2023

Raw Walnut

Chile

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. From the Areté analyzes it emerges that what is driving the Chilean market is above all the deterioration of the prospects for 2024 harvest (recently started) suffering 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.

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. From the Areté analyzes it emerges that what is driving the Chilean market is above all the deterioration of the prospects for 2024 harvest (recently started) suffering 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, as evidenced by exports second only to the records of ...

Source: Corriereortofrutticolo