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Hazelnuts: ticking time bomb

March 30, 2023 at 10:01 AM , Der AUDITOR
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ORDU. Frost has taken centre stage in Turkey and has basically brought trading to a standstill for hazelnuts. This year’s excessive wait and see game, however, highlights that frost is not the only issue. The TMO certainly is a key player.

Wait and see game

Although frost always is an issue in Turkey at this time of the year with speculations running wild over possible damages, things are much more detached from normal market dynamics this time round. Serious concerns prevail over sub-zero temperatures in higher altitudes and rumours over frost easily catch on. Yet, it should be noted that only a small percentage of hazelnuts are grown here. Suppliers are, nevertheless, holding their breath at the moment and have little option but to wait and see how the cold weather plays out. This unclear situation

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