Flowering period is imminent
According to Turkish market players, there is no further snowfall in Malatya and the existing snow has already started to melt - ideal weather conditions for the apricot trees there. The flowering phase is expected to start in four weeks at the latest. This has led traders to accelerate the sale of their raw materials, resulting in noticeable price declines. Farmgate prices are currently between TRY 80 and 85/kg, while export prices have dropped by USD 300-400/mt compared to last week.
No demand among exporters