Price: €11.00
Member Price: €0.00

Hazelnuts: carry-over stocks weigh on market

September 28, 2020 at 11:56 AM , Der AUDITOR
Play report as audio

ORDU. Farmgate prices are fastly approaching the levels hazelnut producers in Turkey desire. Last year's carry-overs, however, create a greater price variety for preparations.

Sufficient supplies on the market

Farmgate prices have again risen to TRY 24.00/kg. In some cases, prices of up to 24.50 TRY/kg were quoted last week. This has restrained demand in Europe. The same cannot, however, be said for hazelnut preparations. Since carry-overs range at 80,000-100,000 mt exporters can bridge the time until prices start to decline again later in the season. Stocks are expected to fully suffice to serve the market this season, even if carry-overs amount to 40,000-171,000 mt at the end of 2020/2021. Subdued domestic demand and the increase in pro

View related articles

Go to the News Overview
Nuts
Aug 21, 2025
ORDU. With the first volumes of the new crop arriving the market has caught a first glimpse of the yields and quality of this year’s hazelnuts. The TMO price has turned symbolic. Prices on offer for the new crop are showing a clear direction.
Nuts
Aug 20, 2025
MANILA. The downward trend in sea freight rates is benefiting Philippine exporters, but they are still facing further uncertainties such as customs duty increases. While prices for coconut products are being supported by tight supply, coconut oil could become cheaper in the short term.
Nuts
Aug 20, 2025
FRESNO. US pistachio exports are not doing that bad in the current season. China still tops the chart. Prospects can hardly be better for California in 2025/2026.
Nuts
Aug 18, 2025
HANOI. In the first seven months of the year, Vietnam once again significantly increased its imports of raw cashew nuts from neighbouring Cambodia. The industry is still focused on its ambitious export target.