Nuts

Hazelnuts: traders caught by surprise

September 15, 2022 at 12:16 PM , Der AUDITOR
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ORDU. Although traders only recently decried Ferrero’s purchasing bid for hazelnuts as having little impact on the market, it is currently proving surprisingly successful. Farmers have, however, little incentive to sell to the free market and the weather is giving rise to concerns over the quality of the crop in Turkey.

Rain spells trouble

Trouble is that rain has set in again, which is not good for drying. Some growers report that the quality of their crops is slowly degrading and that the proportion of rotten kernels is higher than anticipated. Other suppliers, however, dismiss such claims as fearmongering and insist that the situation is normal. Good new, however, is that more large-sized kernels have arrived, and satisfactory supplies of 13-15 mm kernels are now available.

Low demand persists

Yet, demand is less satisfactory. Domestic demand is

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