Hazelnuts: Buyers’ paradise

March 6, 2017 at 12:35 PM , Der AUDITOR
Play report as audio

ORDU. Promising crop conditions and abundant carry-over supplies have rendered Turkey a paradise for speculators.

Buyers in Europe are not only profiting from the expected large supplies in 2016/17, which are pressurising the market, but also from the exchange rate. This is crop is promising and the carry-over supplies are abundant. Since the Turkish Lira gave way last week the export prices have also dropped. Market participants reckon that demand is surprisingly strong for this time of year. Turkey is on average exporting more than 5,000 mt every week.

Cheap offers

Processed hazelnuts (diced, meal etc.) for shipments in 2017/18 can currently be purchased way below the actual price level. It should, however, be noticed that hazelnuts from the old crop are frequently offered as compounds later in the season. Traders state that contracts made at this time of year have often turned out to be the very expensive for the suppliers if the price development for the new season was too optimistically estimated.

Turkish hazelnut kernels



natural, 11-13 mm 


diced, 2-4 mm 


meal, 0-2 mm 


hazelnut paste


DDP Germany



Attached Files

File icon
hazelnut kernels diced price chart

View related articles

Go to the News Overview
Jul 18, 2024
BRUSSELS/ORDU. Given that prices have surged this season it is quite remarkable that EU imports have risen for hazelnuts in the first six months of the year. Suspense is palpable in Turkey with the TMO and Ferrero expected to take decisive action very soon. Offers for the new crop are circulating.
Jul 17, 2024
HANOI/NEW DELHI. Vietnam's exports in the first half of 2024 are quite impressive, and many destination countries have increased their purchase volumes. Meanwhile, prices in India remain stable.
Jul 16, 2024
SACRAMENTO. Opinions may be contradicting but June was a very strong month for US almonds. With the season in its final stages concerns are being voiced over remaining supplies and the state of the new crop.
Jul 15, 2024
NEW DELHI/BUENOS AIRES. In India, peanut prices continue to fall with the prospect of a good crop. Demand in Argentina is good, while Brazil is struggling badly. In the USA, the weather will prove decisive.