Dried Fruit

Dried apricots: cautious optimism for the 2020 crop

April 21, 2020 12:00 PM, Der AUDITOR
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MALATYA. Although there are some points that speak against an above-average apricot crop, many market players remain optimistic about production estimates for the 2020/2021 season.

Good demand despite low capacity utilization

In contrast to the weeks before, deliveries of dried apricots were very sluggish in the last few days and, compared to last year, fell by about a third to 1,192 metric tonnes. Spot purchases are virtually non-existent at present, with export deliveries being made mainly from contract release orders. Although exporters are not working to full capacity, there is still a great deal of buying interest, which they are replenishing as a precautionary measure for the remaining months until the new crop arrives. Due to the weak lira, however, export prices have been revised downwards.

Dried apricot exports in mt

Type

2019/20

2018/19

Whole

68,797

66,248

Industrial 

6,302

8,557

Diced

5,304

5,413

Total

80,402

80,218

since the beginning of the season

Estimates revised

With regard to the new crop, market players still believe in a good crop of 120,000-150,000 metric tonnes, although there was frost in some areas and there was not enough growth in some regions. There may well be corrections within the coming months.

Dried apricots, Turkey

Size

USD/mt

EUR/mt

No 2

2,700

2,493

No 4

2,550

2,354

No 6

2,250

2,077

No 8

2,000

1,846

FOB Mersin, 2,000 ppm

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price chart, apricots, dried, sulphured, no 2
price chart, apricots, dried, sulphured, no 4
price chart, apricots, dried, diced, 5 x 8 mm
more price charts

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price chart apricots, dried, sulphured, no 2
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price chart apricots, dried, sulphured, no 4

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