date:Dec 20, 2022
The Mintec Benchmark Prices for macadamia nuts of South African origin (style 1, premium wholes), delivered on a CFR basis Northwest Europe, plummeted by 21% in the four weeks to 15th December, to USD 14.1/kg. The benchmark is also down 28% year-on-year (y-o-y), weighed by ample global supply and the cost-of-living crisis.
Prices are all over the place, there is big oversupply in the market, a European trader stated. Sellers want to move the stock and have been discounting material.
Another t