Price: €7.00
Member Price: €0.00

Hazelnuts: Deceptive standstill in prices

November 28, 2017 at 10:10 AM , Der AUDITOR
Play report as audio

ORDU. Turkish suppliers who have not yet covered themselves will face business losses of some sort. Ferrero pulls out of the market for now.

 

Major differences
The market prices for hazelnut kernels, natural, 11–13 mm are just short of 20 TRY/kg and as such higher than the price market leader Ferrero is willing to pay. The company claims to have stocked up on enough goods to cover the demand and pull out of the market as a buyer for now.

Weekly export figures are dwindling and have now dropped to 6,000 mt, whereas 8,000 mt were shipped before. Some Turkish sellers still need to stock up, which will result in certain losses at the current price level. With the Lira decreasing in

View related articles

Go to the News Overview
Nuts
Jul 29, 2025
OUAGADOUGOU/WASHINGTON, D.C. A large proportion of West Africa's exportable cashew production has already been shipped to its destination countries, leaving only small quantities available in some producing countries. In the USA, demand also depends on developments in customs duties.
Nuts
Jul 28, 2025
NEW DELHI/ATLANTA. NAFED sales continue to exert pressure on the Indian peanut market and prices. In the USA, the outlook for the coming crop is good so far.
Nuts
Jul 24, 2025
ORDU. Heated debates persist over the estimates issued by the Ministry of Agriculture. Next week’s Exporters Union’s forecast is to bring more clarity on this year’s crop size for hazelnuts. Expectation is also that the base price will cause some headache.
Nuts
Jul 23, 2025
CAPE TOWN/NAIROBI. The threat of US tariffs on South African macadamias is causing suppliers there to focus more on the Chinese market. Kenya is tightening its regulations for raw macadamias, and EU buyers are investing significantly more.