Macadamia kernel price for October
release time:
2024-11-22

Market shortages defined the October period as trading thinned and buyer enquiries quietened after a decent number of observed transactions in September. Partially, the October slowdown may reflect buyer positions being covered for the immediate term, but it may also be the result of an increasingly bearish sentiment among buyers. MSM’s engagements with industry players at the recent SIAL international food exhibition in Paris revealed that macadamia supply was still viewed as unpredictable, unreliable, and already speeding towards the high end of nut prices in comparison to depressed nut prices in other nut segments, at least in Europe. Those engaged were also not convinced that current prices would attract additional supply at the moment. Reduced enquiries have led to stabilised, predictable prices in observed trades for Style 1, Style 4L, and Style 5 (whereas some price volatility was observed in Style 0, Style 1L, Style 1S, and Style 2 transactions).
Source:Internet