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Hazelnuts: buyers turn their backs on Turkey

January 19, 2023 at 12:23 PM , Der AUDITOR
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ORDU. Things have taken such a bizarre turn in Turkey that buyers have switched to other hazelnut producing countries such as Georgia, Azerbaijan or Italy. Drought will, in fact, have a lasting impact on production in Italy.

Big TMO gamble in Turkey

Suppliers in Turkey are waiting for disaster to strike. Issue is that although the TMO may have only purchased around 131,000 mt of inshells this season, these supplies will eventually have to be sold along with last season’s carry-ins. Due to the upcoming general election in May and the presidential election in June the government, however, has no interest in lower prices at present. The TMO’s full warehouses will certainly become a burden if this year’s crop is good. Prospects are highly encouraging so far as the shrubs a

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