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