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Hazelnuts: positive sentiments predominate

February 22, 2021 10:52 AM, Der AUDITOR
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ORDU. Although last week's frosty nights have impacted the hazelnut shrubs in Turkey, market players are relieved.

Less damage than expected

Temperatures fell well below freezing on two nights last week, ranging as low as -7C in higher altitudes. Although leaves and blossoms have suffered from frostbite, market players are relieved to find that the damage is far less than anticipated. The whole extent of the damage will, however, only show in around one to two weeks. This year's crop is expected to be large. Growers are, however, cautious and prefer to withhold their supplies at present. Issue is that the risk of frost still persists for two months. Raw kernel prices have risen

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