The booming kernel market
release time:
2025-07-04
An increase in kernel transactions was observed this past week. In keeping with previous business cycles, the number of kernel transactions is expected to remain elevated through July while shipping will lag by a few months. More kernel transactions were observed in the first quarter this year than last year, which is now borne out by trade figures published to the end of March, which show a significant increase in the value of US and EU kernel imports from the top eight macadamia supplying countries over the same period last year. Recovering demand in these two consumer markets, a favourable kernel/NIS price spread, and a pre-tariff surge in imports by US buyers are likely behind the rise in kernel trade. In addition, although kernel prices are elevated against last year’s prices, they have steadied this year, while average prices even declined in certain categories since April.
The booming kernel market is affecting NIS supply to China. Demand for in-shell trade remains high in China, but current pricing makes opting for kernel contracts more lucrative for suppliers. China’s crop estimate indicates substantial domestic production, but the country is still dependent on the international supply of larger, higher-quality nuts used in onshore processing for its evolving consumer markets.
Source:Internet
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