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Dried figs: price adjustments for the export market

May 26, 2020 at 3:32 PM , Der AUDITOR
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AYDIN. Despite the weak trading week due to the public holidays, the Turkish dried fig market experienced noticeable price corrections. Compared to last week...

... export prices for most sizes increased by around USD 300 per metric tonne. As market players report, hardly any goods of export quality are still available on the free market, which should ensure higher prices in the coming months until the new crop arrives. Compared to the last few years, however, export prices are still at a moderate level, especially considering that record prices were demanded last year. In addition, there were some extreme temperature fluctuations in the last eight to ten days - from over 40°C down to 20°C, including snow at higher altitudes. This causes stress for the trees and could have a negative effect on this year's yield. However, everything should still be in order, because the critical phase of fertilization only runs from mid to end of June. At this time, such temperature fluctuations would be problematic.

Dried figs, Turkey

Type

USD/mt

EUR/mt

Lerida, no 1

4,850

4,442

Lerida, no 2

4,650

4,259

Lerida, no 3

4,450

4,076

Lerida, no 4

4,100

3,755

FOB Izmir

Short trading weeks reduce exports

Weekly exports were lower than before due to the short trading week; overall, exports this season are still far above last year's level at 58,016 metric tonnes.

Dried fig exports in mt

Type

2019/20

2018/19

Whole

43,814

37,676

Diced

3,906

3,410

Paste

9,370

6,961

Industrial

537

938

Roasted

25

38

Others

363

352

Total

58,016

49,375

Since the beginning of the season

View more information:
price chart, dried figs, Lerida no 2, Turkey
price chart, dried figs, Lerida no 4, Turkey
more price charts

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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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