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Hazelnuts: prices for the new crop start to settle

August 23, 2021 at 3:24 PM , Der AUDITOR
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ORDU. Rainfall continues to delay the drying of the hazelnuts, which is why the new crop is not yet available on the market. However, the first small quantities are expected in the coming days. Meanwhile, prices are slowly settling.

Waiting for Ferrero

Market leader Ferrero is still holding back with bid prices. Nevertheless, market players are slowly reaching a common consensus on the price level for the coming season. Natural hazelnut kernels, 11-13 mm from the 2020 crop are currently priced at TRY 48.00/kg, while prices of TRY 49.50/kg are expected for the same variety of the new crop. However, not everyone is yet prepared to actually offer goods at this level. Some exporters, for example, want to wait for the bid prices of the market leader, as Ferrero is always a reliable tr

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