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via economictimes.indiatimes.comMarkets

Pistachio prices nearly double, almonds up 20% ahead of festive season

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

"Pistachio have been the game spoiler this year. The prices of pistachio from all origins including Iran, Afghanistan and California have increased," said Ravindra Mehta, member of central governing council at Nuts and Dry Fruits Council of India (NDFC-I). "The current pistachio…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishThe sharp rise in pistachio and almond prices affects farm commodities, with no listed instrument available here.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01According to NDFC-I, pistachio prices have risen from all origins, including Iran, Afghanistan and California.
  2. 02The California pistachio crop is expected to be about 40% of last year's.
  3. 03Wholesale pistachio prices have risen about 50%.

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