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‘We can’t be distracted’: Almond producer nervously watches trade stoush as profit falls

The chief executive of ASX-listed almond producer Select Harvests admits he is nervously watching the ongoing trade stoush between Australia and China but is determined to not be distracted by it.

Select Harvests typically exports about 70 to 80 per cent of its crop, with about one-third of all its exports sent to China. Other key markets for the company include India, Europe and the Middle East.

Almond producer Select Harvests' first half result was hit by a lower almond price and higher water costs.

Almond producer Select Harvests’ first half result was hit by a lower almond price and higher water costs.Credit:

“We’re fortunate that we’ve got more than just China as a market, although it represents a big part of our market. There’s still other markets, the product’s very saleable in other markets,” CEO Paul Thompson told The Age and The Sydney Morning Herald.

“We can’t be distracted by what’s going on with this. We supply our orders as they are,” he told The Age and the Herald.

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