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.

This detailed Markets briefing is published on the UCO Bank SC/ST and OBC Employee's Council website so members can read the complete update without leaving the council portal.

Key focus areas include regulatory direction, banking operations, credit conditions, customer service, compliance readiness, and market developments connected with "Pistachios vanish from Diwali gift boxes this year as prices double, almonds rise 20%".

For council members and office bearers, the practical takeaway is to track how this update may affect branch workflows, zone-level coordination, employee representation, and member support requirements.

The council news desk recommends reviewing related circulars, service rules, and grievance channels where the development has service or welfare implications for SC, ST, and OBC employees.

Source attribution: Times of India – Business.

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