Hazelnuts: run on TMO

April 6, 2020 11:29 AM, Der AUDITOR
Play report as audio

ORDU. More precise information on the frost damages of the last few weeks is still to be pubilshed. The TMO has issued prices for April.

Exporters are buying

The TMO intends to sell around 20,000 metric tonnes in April. The prices for Levantine and Giresund hazelnuts stand at TRY 21.00 per kg and are only nominally more expensive than in March. Farmgate prices have, nevertheless, risen despite the deline in value of the Turkish lira.

Although demand is limited, it should be noted that the exporters and shellers are buying. Since free market supplies are limited, there is a run on the TMO. Reports state that enquiries range 20 times higher than the volumes on offer.

Hazelnuts, Turkey



Natural, 11-13 mm


Diced, 2-4 mm


Meal, 0-2 mm


Hazelnut paste


DDP Germany

Trucks making good progress

The fluid flow of goods from Turkey has taken market players by surprise. Trucks are not taking any longer than usual and custom clearances are fully functioning at the borders. Precise information on the frost damage of the recent weeks is, however, not available yet. These figures should be released in May. There is a risk of frost until mid-April, no unfavourable weather conditions have, however, been forecast.


Attached Files

File icon
price chart hazelnut kernels natural Turkey

View related articles

Go to the News Overview
Dec 6, 2021
ORDU. Chaos continues in Turkey’s financial market. Not only did President Recep Tayyip Erdoğan appoint a new finance minister on Thursday but Fitch Ratings also revised the country’s outlook to negative. For traders it is simply impossible to determine which way the hazelnut market will turn. Much also depends on Ferrero, the TMO and demand.
Dec 1, 2021
MANILA. In addition to high commodity prices, export prices for desiccated coconuts have also increased. And since all bad things come in threes, there is no relief in sight for freight costs either.
Nov 30, 2021
MASHHAD. Although growers produce high-quality pistachios in Iran’s Khorasan Razavi Province, not much profit is made from exports. This is mainly due to the lack of specialised organisations and pistachio export unions as financial issues have put many off. Production has also suffered from adverse weather conditions this year.
Nov 29, 2021
HANOI. As Cornhouse and the INC report, there are more than enough cashews available on the world markets. Exports are causing some difficulties, but these should be eased by a new container ship route in the Indian Ocean.