6 minutes
July 28th 2023

Brazil Nuts Market update: A good moment to stock up

Brazil Nuts Market update: A good moment to stock up

Market update

The price of Brazil nuts has stabilized over the past few weeks as demand gradually increases. Some suppliers have chosen to raise their prices or withhold offers until the market becomes clearer. Since February, there have been no further reductions in prices. If processors begin to purchase large amounts of raw material, prices could potentially rise. However, collectors are currently not eager to venture deep into the forest to gather Brazil nuts due to unappealing prices, leading to a decrease in availability that could further affect prices.

Despite this, the quality and quantity of this year’s Brazil nut crop seem promising. The global economic outlook has also improved, with stable food prices and easier financial conditions. Given the circumstances, it is improbable that the price of Brazil nuts will decrease any further, making it a worthwhile option to stock up on at current prices.

Nutritious value

Brazil nuts are a nutrient-rich and tasty nut that can be enjoyed as a snack or added to various dishes. They are an abundant source of essential nutrients, such as selenium, magnesium, phosphorus, copper, and zinc, as well as protein, fiber, and healthy fats.

Amazon rainforest conservation

The nuts are collected from wild trees that grow naturally in the Amazon rainforest. The nuts are collected by local communities and cooperatives using traditional and sustainable methods. The harvesting of Brazil nuts is an incentive for local communities to protect and conserve the Amazon rainforest. When local communities benefit economically from the forest, they are more likely to protect it from deforestation, illegal logging, and other threats.

News

Stay up-to-date with the latest happenings in the world of Rhumveld. Here, you will find your crop season information, industry insights, and updates on our newest products and sustainable initiatives.

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