Dried Fruit

Dried figs: traders hold back goods

June 1, 2021 at 2:53 PM, Der AUDITOR
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AYDIN. Traders in Turkey are increasingly holding back their goods, speculating that the new crop could be smaller due to drought damage, which would drive up prices. Exports, meanwhile, continue to catch up.

First estimates in July

Turkish market players report continued good demand and indicate that some exporters have increased their purchases of raw materials from the old crop in order to be able to fulfil their contracts. However, some suppliers are holding back their goods and are not quoting prices; as the drought in the growing regions continues, they are speculating that the new crop will be smaller due to the drought and that prices could rise significantly as a result. Currently, farmgate prices range between TRY 25 and 30/kg. The first estimate

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