TMO fails to consider consequences
Although growers have queued in recent weeks to sell their supplies to the state-run organisation at way above market prices of TRY 52-53/kg, the intake has now slowed. Not only are traders casting doubt over the TMO’s ambitious target of purchasing 220,000 mt of inshells this season the organisation is also confronted with a practical dilemma.
Issue is that the TMO is desperately looking for additional warehouses, while demand remains sluggish. Officials have even approached large suppliers throughout Turkey asking t