Hazelnuts: crackers want to sell

January 25, 2021 9:54 AM, Der AUDITOR
Play report as audio

ORDU. Encouraging prospects for this year's crop have prompted market players to sell their 2019 hazelnut stocks. Demand has also risen nominally.

Crackers eager to sell 2019 crop

Snow in the higher attitudes has dissipated any concerns over the lack of rain and has sparked high expectations for this year's crop. As temperatures have turned milder pollination is also progressing well. The situation has prompted crackers to issue offers for supplies from the 2019 crop. Market prices for this year's crop have, thereby, also nominally declined to TRY 45/kg. Growers, however, prefer to wait and see. Reliable tendencies can only be ascertained in a few weeks and reliable crop estimates will not be possible before A

View related articles
Go to the News Overview

Pine nuts: China's shocking dependency

BEIJING/REUS. The pandemic has disrupted supply chains and highlighted incremental problems. Pine nuts are no exception to this. The market was, however, stunned to find out to what extent China depends on external raw material supplies. China's production consequently fell well short of expectations in the current season due to supply chain disruptions. Production estimates have now been slashed by nearly 50%. Things are, however, expected to improve in 2021/2022.
7/21/21, Der AUDITOR

Hazelnuts: with pomp and circumstance

ORDU. President Recep Tayyip Erdoğan is expected to announce the TMO bid for hazelnuts with pomp and circumstance in Giresun next week. Although Turkey is mainly closed for Eid this week, the central bank has caused some commotion in the market by keeping the key interest rate unchanged at 19% - quite against Erdogan’s wishes. This move has certainly taken analysts by surprise. Suppliers are wondering in how far the central bank chief will be able to maintain his independence.
7/19/21, Der AUDITOR

Pistachios: traders refute INC assessment

TEHRAN/REUS. Traders are highly concerned over Iran’s ability to compete in the international pistachio market. Although recently issued export data was rather encouraging, frost and extreme heat will certainly impact this year’s production. On top of this, farmers are confronted with several problems. Local traders very much contradict the International Nut and Dried Fruit Council’s (INC) optimistic outlook.
7/19/21, Der AUDITOR

Pecans: high buying interest motivates growers

ATLANTA. Year-on-year, US pecan shipments rose by more than 26% during the first nine months of the season. This is motivating farmers to increase acreage to meet the high demand.
7/15/21, Der AUDITOR