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Hazelnuts: high volumes held back

November 22, 2024 at 10:05 AM , Der AUDITOR
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ORDU. While producers are patiently waiting for Ferrero to conduct the next move, producers are holding back incredible volumes of hazelnuts in Turkey.

Waiting for Ferrero

Buyers may have recently been pushing for contracts in Q2 and Q3, but things have changed again for hazelnuts. Demand is now instead rather stable with buyers not aggressively looking for cargo and just covering their immediate requirements. Exporters add that supply is also stable. They are patiently waiting for major buyer Ferrero to conduct the next move.

Holding back 200,000 mt

According to the Altınordu Chamber of Commerce hazelnuts are not being fully supplied to the market as producers are still sitting on

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