Price: €11.00
Member Price: €0.00

Hazelnuts: new price impulses to be issued soon

November 23, 2020 at 9:51 AM , Der AUDITOR
Play report as audio

ORDU. The decision of Turkey's central bak to raise the interest rate by 4.75% has given the lira a nominal lift. Export prices have, however, taken a rather surprising turn. Market players are now waiting for Ferrero.

Export prices decline, despite lira gaining in value

The lira gained some momentum with the key interest rate now ranging at 15 percentage points. Analysts had, however, reckoned that the hike in the interest rate would have a stronger impact. Ferrero's withdawal from the inshell market, nevertheless, prompted a decline in export prices at the end of last week. Exporters are taking advantage of this trend to refill stocks at low prices, which they can then sell to Ferrero at higher prices. The market giant is, however, keeping a low profile with regard to its purcha

View related articles

Go to the News Overview
Nuts
Aug 27, 2025
ORDU. Several challenges prevail for hazelnuts with a difficult season about to start. Prices are unworkable and exports have slowed.
Nuts
Aug 25, 2025
NEW DELHI/BUENOS AIRES. Bumper crops are expected in Argentina and Brazil this year, which is putting pressure on prices. Buyers are preferring to stock up on short-term contracts. In India, growers are pleased about the rainfall.
Nuts
Aug 25, 2025
SANTIAGO. As the “Shipment Report” for July issued by ChileNut illustrates walnut exports are up this season. Chile’s monthly exports of in-shell walnuts slowed in July. Europe is the top destination for shelled walnuts.
Nuts
Aug 21, 2025
ORDU. With the first volumes of the new crop arriving the market has caught a first glimpse of the yields and quality of this year’s hazelnuts. The TMO price has turned symbolic. Prices on offer for the new crop are showing a clear direction.