Dried Fruit

Dried figs: temporary plant closures

March 24, 2020 2:29 PM, Der AUDITOR
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AYDIN. As numerous release orders are being made early, some factories will temporarily have to shut down once the current orders have been processed.

Provisional increase in exports

According to market players, the increase in exports last week was due to buyers bringing forward many of their release orders. Turkey shipped a total of 1,471 metric tonnes of dried figs and fig products overseas last week, compared to only 993 metric tonnes in the same period last year. Reportes state that companies that have completed their orders are closing for the time being. There are virtually no new orders.

Dried fig exports in mt

Type

2019/20

2018/19

Whole

37,814

32,005

Diced

3,073

2,708

Paste

6,191

4,587

Industrial 

502

757

Roasted

25

35

Others

329

294

Total

47,934

40,386

Since the beginning of the season

Pessimistic view of the future

As everywhere else, the number of Covid-19 infected people in Turkey is growing rapidly. New measures are announced daily by the government to slow down the spread of the virus and to calm the economic situation. For example, tax payments and the repayment of bank loans are being deferred. Many market players are very pessimistic and the markets are extremely calm.

Dried figs, Turkey

Type

USD/mt

EUR/mt

Lerida, no 1

5,400

4,983

Lerida, no 2

5,100

4,706

Lerida, no 3

4,600

4,245

Lerida, no 4

4,000

3,691

FOB Izmir

Attached Files

File icon
price chart figs, dried, no 2, Lerida
File icon
price chart figs, dried, no 4, Lerida

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