Nuts

Hazelnuts: suppliers far from satisfied

November 1, 2021 at 10:43 AM , Der AUDITOR
Play report as audio

ORDU. Although the Turkish lira has found some strength against the US dollar and the euro, exchange rates remain highly volatile. A high degree of uncertainty remains in the hazelnut market. The TMO has purchased around 75,000 mt so far.

Demand not quite as it should be

Republic Day, which was celebrated on Friday, cut the trading week short in Turkey. Unlike in recent weeks, dramatic events did not hit the market. The TMO is still buying around 5,000-5,600 mt per week and if things continue this way will soon have met its target of 100,000 mt (inshell basis). Although prices are relatively firm in Turkey, wide price gaps persist. Issue, however, is that these price gaps now not only exist for processed nuts but also for raw kernels.

These gaps are driven by quality and the way in which supp

View related articles

Go to the News Overview
Nuts
Jul 16, 2024
SACRAMENTO. Opinions may be contradicting but June was a very strong month for US almonds. With the season in its final stages concerns are being voiced over remaining supplies and the state of the new crop.
Nuts
Jul 15, 2024
NEW DELHI/BUENOS AIRES. In India, peanut prices continue to fall with the prospect of a good crop. Demand in Argentina is good, while Brazil is struggling badly. In the USA, the weather will prove decisive.
Nuts
Jul 15, 2024
BRUSSELS/TEHRAN. EU imports surged to record high levels for pistachios in the first half of the year. US shipments have basically flooded the market, much to the detriment of Iran.
Nuts
Jul 11, 2024
BRUSSELS/FOLSOM. EU imports have surged for walnuts in the first six months of 2024. Shipments from Ukraine have risen by an incredible 82%. US exports are also strong.