US pistachio exports decline in one year

Sales in May were better than expected, pistachio shell down just 10 percent from a year earlier, and taking into account total sales of 28 percent compared to last year. There is a lot of buying and selling right now, there is a flurry of demand in the market. Traders in the Chinese market appear to have finally entered into 2014 contracts with less expensive intermediaries. The immediate selling price of the product in the Chinese market is about $ 9.15 per kilogram. 28% drop in US pistachio exports (2) New year product is good. Most growers and garden managers expect the New Year's crop to be more than 700 million tons (317,000 tons), and they believe that there will not be many empty pistachios this year. This will definitely be known by mid-August. Currently, limited purchases have been made from China for the months of October and November at a price of about $ 8.40 per kilogram. There seems to be an increase in demand for early sales early in the Chinese New Year.