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Hazelnuts: exasperating manipulation month

August 10, 2023 at 12:07 PM , Der AUDITOR
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ORDU. Luckily it emerged that the TMO turned a deaf ear on calls to issue an irrationally high price of TRY 100/kg for hazelnuts after president Recep Tayyip Erdoğan announced the bids himself on Monday. Yet, some rumours are still circulating, and Ferrero is giving rise to concerns.

Rumours galore

With the harvest about to start rumours and manipulations have been piling up in Turkey in recent weeks. Reports over rain-caused damages and statements demanding that the TMO should issue a bid over TRY 100/kg had the clear intention of driving up prices. This phenomenon is, however, normal and exporters label the weeks before the harvest starts manipulation month.

Fortunately, the TMO turned a deaf ear on calls to issue absurdly high prices and instead declared a price of TRY 84.00/kg for Giresun quality hazelnuts and of TRY 82.50/kg for Lev

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