Mintec Benchmark Prices provide transparency for a broad range of nuts including almonds, peanuts, cashews and hazelnuts, from a wide variety of origins.
The Mintec Benchmark Prices of Turkish sultanas (type 9, CIF EU) were...
May 18, 2022The headline figure for the USDA subjective almond forecast, released...
May 13, 2022The USDA has recently published California’s 2021 almond acreage...
May 11, 2022The Mintec Benchmark Prices of Argentinian peanuts (raw, 40/50, CIF...
May 5, 2022The Mintec Benchmark Prices of Turkish hazelnuts (Levant quality...
April 27, 2022Apricot orchards in Malatya, Turkey, experienced sub-zero...
April 20, 2022Reports have begun to circulate of frost damage in growing areas...
April 8, 2022The rapid collapse of the Sri Lankan rupee (LKR) in the wake of the...
April 8, 2022The Mintec Category Index for nuts fell to its lowest since January...
March 30, 2022Dairy • At the close of trading last week, market sentiment in the...
March 28, 2022Turkey exported 142,812 tonnes of dried grapes so far in the current...
March 23, 2022Rapeseed Oil • At the close of trading last week, market sentiment in...
March 22, 2022The Mintec Benchmark Prices for standard 5% almonds FAS US moved...
March 18, 2022Rapeseed Oil • At the close of trading last week, market sentiment in...
March 14, 2022Join Aidan Wright from the Pricing Reporting team at Mintec for a...
March 11, 2022
Globally, peanuts are the fifth largest oilseed crop and are the most widely grown “nut” with an global production of 46 million metric tons. Despite the sheer size of the crop the peanut market remains very opaque with limited sources of independent reliable pricing information.
Tree nuts are a key food ingredient and source of protein, consumed both in raw and processed forms, and are utilized widely across the food and beverage industry. The tree nut market as a whole is worth around $36 billion with a production volume north of 4.5 million metric tons.
Within this, almonds are the largest crop with a production of around 1.4 million metric tons worth over $9 billion, an increase in value of 125% over the past decade.
Mintec is seeking to bring transparency and unrivalled intelligence to the nut markets through its 35 years of experience in the food pricing industry and highly qualified staff to close this gap in the market. To ensure the maximum granularity, Mintec provides proprietary pricing for peanuts and treenuts from a variety of different producing and consuming regions. These prices provide suppliers and buyers the maximum control over their costs.
Mintec Benchmark Prices are a range of proprietary price series collected by our Pricing Team, using our robust methodology and are exclusive to Mintec. These price series provide an additional level of granularity and specificity for different product types and grades, enabling users to understand material cost more accurately.
Mintec has a created a transparent and published methodology that ensures our data points are always accurate. To support this, we encourage involvement or comment from market participants on the market state or any Mintec Benchmark Prices published at any time.
Mintec covers a wide range of nuts including the widely produced commercial crops and wild harvested crops such as Brazil nuts. Further information, including a list of price series, can be accessed below.
Production of peanuts is well distributed across the globe. The largest producers are China and India which account for c.39% and c.14% of global production respectively.
Almonds are the largest nut crop with an annual production of around 1.4 million metric tons worth over $9 billion, an increase in value of 125% over the past decade.
Cashews production is mainly located in Asia and Africa. While Vietnam acts as a processing hub importing raw cashew nuts from numerous producing countries and exporting shelled cashew kernels.
Mintec extensive nut coverage includes pine nuts, pistachio, hazelnuts and many others that are commercially grown and harvested from wild trees.
CONTACT US
UK LONDON
Gloucester House Unit Q, Bourne End Business Park, Bourne End,
SL8 5AS UK
DENMARK COPENHAGEN
Vesterbrogade 149 DK-1620
Copenhagen
USA NEW YORK
445 Park Avenue,
NY 10022,
United States
Copyright © 2022 Mintec Limited