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Dried figs: export prices defy commodity price adjustments

March 2, 2022 at 11:55 AM , Der AUDITOR
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AYDIN. The Turkish dried fig market shows low trading activity. This also affects export prices and the export volume is significantly lower than last year.

Raw materials become more expensive

In the Turkish dried fig market, adjustments were made to farmgate prices this week. After a slight upward correction, they are now at TRY 62-63/kg, compared to TRY 55-60/kg last week. However, this has not had any impact on export prices so far. Demand is lower than last year and the market is quiet. According to market players, the situation is not likely to change anytime soon. Turkish dried figs, Lerida, no 2 continue to trade at export prices of USD 6,660/mt FOB Izmir.

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