Traders told Mintec that this is due to a big oversupply in the market, as well as consumer budgets tightening amid rising inflation."Macadamias are viewed as a premium tree nut, and with consumer budgets tightening amid rising inflation, sales on macadamia products have taken a hit," a trader said., many customers have stock left and they are thus not buying in the same volumes as they normally would, and price is their main consideration.
Production in China, the largest buyer of South Africa’s in-shell macadamias, is also expected to rise significantly according to trade sources. This is primarily due to the recently-planted trees reaching maturity,"In theory, the price of your macadamias at something like Woolworths, that sells good quality nuts, should come down too," Alex Whyte, Green and Gold Macadamias’ sales manager, told Business Insider South Africa.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
BISouthAfrica So basically this is saying that the sellers can sell them, and other goods, at cheaper prices! 🤔🤔
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Crazy stalker' Elon Musk said was following 'assassination coordinates' was Uber Eats driver | Business InsiderElon Musk blamed the incident on an account tracking his private jet but the LAPD has yet to establish a connection, The Washington Post reported. | BISouthAfrica BISouthAfrica What BS! The LAPD is a bunch of Stazi footsoldiers for the drug adled, poop streets citizens who are their for absentee votes to keep The deviant Dems in power. Elon has a PIA. Now go do some research N24 copy paate 'journalists' you a a disgrace and never know whats going on. BISouthAfrica Translation: There's a crazy stalker but he is stalking someone that we the media hate, so we have to make the one we hate sound like he is crazy, despite the proof of stalker's existence. BISouthAfrica Old story - keep up
Source: News24 - 🏆 4. / 80 Read more »
5 lightweight gifts to get for real South African hikers and adventurers | Business InsiderWe went to the shops to look for five lightweight gift for hikers that won't be too heavy on your pocket.
Source: BISouthAfrica - 🏆 34. / 51 Read more »
Contaminated spinach left people in Australia hallucinating, confused, and unable to stand | Business InsiderOfficials believe the spinach, used in dozens of products, was contaminated by another plant or weed, which has been sent to laboratories for testing. BISouthAfrica Generally I have hallucinations when I eat normal spinach. I dream of never having to eat it again.
Source: BISouthAfrica - 🏆 34. / 51 Read more »
Afghan government officials helped smugglers sneak almost $1 billion out of Afghanistan, documents show | Business InsiderAfghanistan corruption was so bad that $884 million was smuggled out as Ashraf Ghani's government neared collapse, government documents show
Source: BISouthAfrica - 🏆 34. / 51 Read more »
Carol Paton | What the new ANC top 7 means for business | BusinessOPINION | The composition of the ANC's top seven is good for business. Come January, President Cyril Ramaphosa will need to reshuffle his Cabinet, writes politicsblahbla. politicsblahbla 😂😂WMC is jumping for joy politicsblahbla QaanitahHunter MKhalidSayed ThaboMakwakwa kimheller3 NiklosStephan DenzilTaylor Tone completely different from y'day article how brown envelopes have corrupted these conferences. Positions more important than policies. Paul Mashatile already accepted by business read banks. politicsblahbla When Cyril was elected a few years back I had that opinion. Meantime Cyril destroyed SA with crime, racism, EWC, with national health plan, with lockdowns and HUGE debt and more BEE and SASSA. He single handed destroyed SA. Nobody invested in his SA
Source: News24 - 🏆 4. / 80 Read more »
Business reacts positively to Ramaphosa second termBlack Business Council and Business Unity SA urge ANC leadership to reassure investors and implement policies Business can see
Source: BDliveSA - 🏆 12. / 63 Read more »