Dried Fruit

Dried apricots: price corrections to be expected

November 10, 2020 10:23 AM, Der AUDITOR
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MALATYA. Turkish dried fruit exporters are unsettled by the rapid exchange rate fluctuations and prefer to observe the market. Some market players reckon that export prices will not decline further for the time being.

Farmgate prices have doubled

Turkish dried apricot producers are holding back their goods, thanks to the raw material purchases by the TMO there is no immediate pressure to sell. In addition, this year's lower production result means that raw material purchases are stabilising at a high level. Dried apricots, No. 2 are traded on the Turkish market at prices of 23 TRY/kg, in May 2020 the farmgate prices were still at 12.50 TRY/kg.

Due to the extreme exchange rate fluctuations at the beginning of the week, many exporters are finding it difficult to d

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