China: Tree Nuts Annual
Post forecasts China’s in-shell walnut production to increase by 15 percent to 900,000 MT in MY2014/15. The increase is the result of a bumper harvest in major producing regions and new bearings across China. In China’s almond growing region of Xinjiang province, shelled almond production is forecast at 9,500 MT, up 12 percent from the previous year. Imports of almonds and pistachios are expected to increase based on strong demand, but walnut imports may drop due to higher prices and increased domestic supplies.