Export prices decline sharply
The Turkish lira lost around 10% in value last week and is currently trading at TRY/EUR 9.4857. Snowfall and low temperatures at the Black Sea coast prompted a temporary rise in the raw kernel price for size 11-13 mm from TRY 44.50/kg to TRY 47.00/kg. After it, however, emerged that no notable damage occurred prices again declined to TRY 45.00/kg. No adverse weather conditions have been forecast over the next few days.