Hazelnuts: TMO price comes with a bang

February 17, 2022 at 3:34 PM, Der AUDITOR
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ORDU. The TMO’s decision to sell 20,000 mt of hazelnuts in Levant and Giresun quality has come as a shock to some market players. Especially since the price the TMO is asking for ranges as high as TRY 39/kg. While buyers in Europe are quite laid back, waiting too long may very well backfire.

TMO shocks market

On Tuesday evening the TMO announced that it would sell 17,000 mt of inshells in Levant quality and 3,000 mt in Giresun quality, both at a price of TRY 39/kg. Interested parties can apply at local TMO offices until 21 February and have to pay 10% in advance. Deliveries will start on 23 February. Market players responded with surprise to the high price the TMO is asking for, especially since the price the organisation paid to the farmers ranged at a much lower TRY 26.5-29.5/kg.

While some decry this move as unethical, others state that the T

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