Pistachio Prices Nearly Double Ahead of Festive Season
Pistachio prices have almost doubled this festive season, while almonds are up about 20 percent. A trade council says pistachios from Iran, Afghanistan and California have all risen. The jump is linked to the West Asia crisis and a poor US crop, which is pushing up the cost of dry fruits sold as festive gifts and sweets.
Context
Context: Most pistachios and almonds come from a few countries, so trouble in West Asia or a weak harvest in one major producer can quickly raise prices across India. Dry fruits are a common festive gift, so the rise hits household budgets.
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