Nuts

Hazelnuts: risky prices for new crop

June 30, 2022 at 12:01 PM , Der AUDITOR
Play report as audio

ORDU. With demand for hazelnuts at an all time low and Turkey’s economic situation turning from bad to worse there is only one way for the market to turn. Common sense does not, however, necessarily prevail for hazelnuts and prices tend to follow their own dynamics.

Against all reason

Opinions are spilt over the current offers for the new crop. While some suppliers are taking enormous risks by issuing low prices, others are urging the market to caution. Issue is that it is basically impossible to tell which way the market may turn as there are simply too many different factors to consider. Not only is it the current season drawing to a close, but the government is also implementing measures to curb inflation that spell disaster for the entire supply chain.

The hazelnut industry is specifically concerned about speculatio

View related articles

Go to the News Overview
Nuts
Apr 11, 2024
ORDU. In the coming days, the TMO could start selling its raw material stocks. The INC has adjusted its production estimates for the global hazelnut crop.
Nuts
Apr 11, 2024
CAPE TOWN/REUS. According to the INC, macadamia production will increase in the main producing countries and market players are optimistic. A major case of fraud was recently uncovered in South Africa.
Nuts
Apr 9, 2024
SUCRE/REUS. The Brazil nut season has got off to a much brisker start than last year. Bolivia remains the most important producer, while Brazil has suffered losses.
Nuts
Apr 8, 2024
NEW DELHI/REUS. While the Indian peanut market is facing various hurdles, market players in the USA and Argentina are satisfied with the current situation. China remains the most important peanut producer.