Figs: Buyers are urged to be cautious

March 1, 2017 at 10:42 AM , Der AUDITOR
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AYDIN. Experts are urging inexperienced buyers to pay special attention to quality in Turkey.

 

It is barely possible to find high quality dried figs in the market. Prices are varying to a great degree because of damages and high aflatoxin values. Even the raw fig prices are varying on a level of 8.00-12.50 TRY/kg depending on quality. Inexperienced buyers are urged to be particularly cautious since they can easily fall for tricks.

Dried figs, Turkey

type

USD/mt

EUR/mt

Lerida, no 2

5,100

4,819

Lerida, no 3

5,000

4,725

Lerida, no 4

4,850

4,583

Lerida, no 5

4,600

4,347

FOB Izmir

 

More than half has already been shipped

Long term contracts dominate the dried fig market. Most traders, moreover, have their regular customers, who cover themselves early in the season. Turkey has nearly exported 40,000 mt of dried figs since the beginning of the season. Last year, as much as 43,500 mt had already been exported by this time, 67% of the total exports for 2015/16.

Dried fig exports in mt

type

2016/17

2015/16

whole

34,307

35,811

diced

2,533

3,084

paste

3,111

4,669

total

39,952

43,565

Since the beginning of the season

 

Attached Files

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Dried figs no 2 price chart

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