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Hazelnuts: run on TMO

April 6, 2020 11:29 AM, Der AUDITOR
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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

Size

EUR/kg

Natural, 11-13 mm

6.75

Diced, 2-4 mm

7.55

Meal, 0-2 mm

6.70

Hazelnut paste

5.90

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

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price chart hazelnut kernels natural Turkey

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