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Almonds firm on strong Eastern sales

This article was originally published in Foodnews

THE almond market has displayed a surprising, sustained upward trend in the past weeks, despite the huge Californian crop estimate and expectations that prices would soften. The combination of strong interest from the Middle and Far East, good shipment reports to date and the low price of almonds relative to most other nuts has helped to buoy market prices and for the moment seems to be vindicating observers who voiced their confidence in almonds earlier this season (FOODNEWS 28 May).

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