Price: €11.00
Member Price: €0.00

Hazelnuts: TMO sets agenda

January 16, 2025 at 11:45 AM , Der AUDITOR
Play report as audio

ORDU/BRUSSELS. Curious speculations on hazelnuts abound in Turkey. Growers are feeding expectations for the next crop. The USA is still gaining fast in the EU as recent import statistics show.

TMO to act soon

Speculations are running wild in Turkey as to the reasons behind the current price developments. Naturally, the 30% hike in the net monthly minimum wage to TRY 22,104 (USD 630) and increasing costs are highlighted as price drivers for a whole range of food commodities. Yet, other actions are also having an impact on hazelnuts.

As suppliers explain the market was quite stable until a major exporter declared a high purchasing bid of TRY 132.50/kg for high-quality hazelnuts, which ranged TRY 5.00/kg above market price, last week. This exporter w

View related articles

Go to the News Overview
Nuts
Jul 14, 2025
NEW DELHI. Although prices on the Indian peanut market have declined again, traders are optimistic that this could soon change. Several factors point to price increases in the near future.
Nuts
Jul 10, 2025
ORDU. A court ruling regarding Ferrero could lead to speculative buying on the Turkish hazelnut market. The Turkish statistics office has reduced its forecast for the coming hazelnut crop.
Nuts
Jul 9, 2025
MANILA. Although the coconut market continues to face considerable hurdles, prices for desiccated coconuts and coconut oil are proving surprisingly resilient. The Philippine government wants to support the industry.
Nuts
Jul 9, 2025
PHNOM PENH/ACCRA. While Cambodia and Vietnam are celebrating rising export figures, processors in Ghana are increasingly concerned about their industry. EU cashew imports have increased year-on-year.