Dried Fruit

Dried figs: Ramadan lifts market

January 17, 2024 at 8:08 AM , Der AUDITOR
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AYDIN. Further price hikes are in store for dried figs as the market is confronted with a supply squeeze and demand has already started to pick up for Ramadan. Export supplies are very much limited.

Supply squeeze impacts trading

As Ramadan is about to start in the second week of March more enquiries are reaching traders in Turkey, especially from Arab countries. Yet, the fact persists that raw dried figs are no longer available and any remaining supplies are trading at TRY 160-180/kg with further rises anticipated. Prices differ considerably depending on supplier and are trading USD 250/mt higher than last week. 

Dried figs, Turkey (EUR/mt)

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