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Hazelnuts: lockdown could slow down raw nut deliveries

May 3, 2021 3:09 PM, Der AUDITOR
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ORDU. As the TMO has not yet made any statement about further purchase bids until the end of this season, it appears that there...

… is currently no minimum bid from this side to which buyers could orientate themselves. A further decline in commodity prices cannot be ruled out, but is unlikely in the next two weeks. According to market players, the comprehensive lockdown in Turkey, which will last until 17 May, will ensure that farmers do not deliver any commodities for the time being, which should at least stabilise prices. After the downward trend of the past weeks, the hazelnut market was busier again and spot offers for natural kernels are partly cheaper than the indications for the new crop.

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