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Pistachios vanish from Diwali gift boxes this year as prices double, almonds rise 20%

Retail prices of pistachios have almost doubled compared with a year ago, driven by supply disruptions associated with the West Asia conflict and a smaller US crop. Almond prices, meanwhile, have climbed around 20%, according to dry fruit processors and importers. At the premium end of the gifting market, however, demand for exotic nuts such as pecans, macadamias and hazelnuts remains on the rise.

Pistachios vanish from Diwali gift boxes this year as prices double, almonds rise 20%

We haven't written up this one. Times of India has the full story — the link below goes straight to it.

Read the original at timesofindia.indiatimes.com →

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