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Hazelnuts: ISM Cologne limits market activities in Turkey

February 3, 2020 9:12 AM, Der AUDITOR
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ORDU. The trade fair for confectionery and snacks has opened its gates in Cologne from 2nd till 5th February. Since many hazelnut exporters from Turkey are attending the fair market activities should be rather subdued this week.

Prices remain stable for the time being

Although the farmgate prices have stabilised at TRY 20 per kg for the time being, the loss in vlaue of the lira should prompt nominal declines in export prices on enquiry. Many market players are seizing the opportunity to get a better impression of the general market sentiments at the ISM. February is, however, expected to be a rather quiet month since the first production estimates will only be issued in March. Any reactions by the TMO or by Ferrero may, however, prompt changes. Reports state that some exporters have large s

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