The price of nuts and almonds explode

Increase by 100% in 1 month for nuts and 100% in 3 months for almonds.

Prices soar for nuts and almonds of Argentina in a few weeks for nuts and in a few months for almonds. Consumers find the prices exorbitant: a pot of peeled almonds of 228 grams show a price of 70 pesos ARS, a price per kilo 299 pesos ARS, 1 kg of nuts costs 280 pesos ARS,while it costed 150 - 170 pesos ARS 1 month ago.

The price surge is caused by a reduction of the local supply. Production fell, particularly because of severe frosts in September, followed by a very windy period then by rainy mid-March that eventually break down fruit trees.

Argentina will have to increase its imports of nuts and almonds of Chile.

source : diariouno com ar