Nuts

Hazelnuts: golden opportunity for TMO

September 20, 2023 at 12:15 PM , Der AUDITOR
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ORDU. Just how can they get it so wrong is precisely what some buyers are thinking about this year’s hazelnut crop in Turkey. While official projections initially ranged above 800,000 mt, pessimistic voices are reckoning with a production as low as 400,000-500,000 mt. For the TMO the situation presents a golden opportunity.

TMO could be key

Bleak as the current scenario in Turkey is, things are, however, not quite as bad as some reports indicate. Good news, for instance, is that the quality of the new arrivals is improving. Some producers are, in fact, quite pleased at the moment. Raw nut prices have indeed surged and may continue to do so but any speculations over prices exceeding exorbitant levels by December are downright dangerous considering how unpredictable the market has become in recent years. Exchange rates also come into play in this equation. Some companies, in fact, based

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