Spanish Processed Almonds Prices Increased in W11 Due to Volatility in Almond Market

In W10, the Almond Board of California published its report, reflecting a new record in almond exports from the USA. This combined with rumors of problems in the next crop, generated instability and volatility in almond prices. US almond prices have risen by 4% from W9 to W11. As a result, processed almond prices in Spain have also increased, including Slivered almonds, which rose from USD 5.15/kg in W9 to USD 5.35/kg CIF in W11.