Lack of rainfall
Market players in Turkey report that demand for dried figs continues to be good. Only problem is that precipitation is so low in Aydin that there is a real risk of a drought. As this condition may very well cut production sharply some exporters are holding back supplies and prefer to wait. Raw material prices range firm at TRY 25-30/kg. Export prices are also firm with Lerida no 2 dried figs trading at USD 5.25/kg FOB Izmir. Prices, however, differ considerably depending on supplier.