Dried Fruit

Dried figs: market players are on pins and needles

July 14, 2020 at 11:29 AM, Der AUDITOR
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AYDIN. On the Turkish dried fig market, all eyes are on the new crop and the weather of the next two weeks plays a decisive role in the development of the figs.

Still no estimates

According to market players, there is virtually no interest in spot purchases and only a few are still settling call-offs from current contracts. Most traders have nothing to offer due to low commodity supplies. Those who still have some supplies are holding them back and observe the development of the new crop. Only in two weeks time will it become clear how successful the pollination was and what can be expected from production in 2020. Accordingly, it is still too early for offers from the new crop.

Dried figs, Turkey

Type

USD/mt

EUR/mt

Lerida, no 1

5,100

4,497

Lerida, no 2

4,700

4,144

Lerida, no 3

4,400

3,879

Lerida, no 4

4,100

3,615

FOB Izmir

Germany increases imports by 24%

A total of 62,700 metric tonnes of dried figs and dried fig products were exported this season, around 17% less than last year at this time - with weekly exports currently at almost 600 metric tonnes, the same level as last year. According to the Federal Statistical Office, Germany imported a total of 6,702 metric tonnes of dried figs between October 2019 and April 2020, an increase of 24.4% over the same period last year. This is partly due to the import growth of Turkish shipments, which increased by 24% to 6,252 metric tonnes for the period mentioned above.

Dried fig exports in mt

Type

2019/20

2018/19

Whole

46,708

40,050

Diced

4,392

4,027

Paste

10,506

8,178

Industrial

703

1,028

Roasted

25

38

Others

363

372

Total

62,697

53,692

since the start of the season

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price chart, dried figs, Lerida no 2, Turkey
price chart, dried figs, Lerida no 4, Turkey
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price chart figs, dried, no 2 lerida
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price chart figs, dried, no 4 lerida

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