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Hazelnuts: traders concerned over price gaps

September 6, 2021 11:58 AM, Der AUDITOR
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ORDU. As delays in drying hazelnut kernels at Turkey’s Black Sea coast are now impacting supplies in Europe traders urge buyers to consider a more effective supply chain management. Long queues are being reported in front of the TMO as growers are intent on selling to the state-run organisation. Prices have drifted far apart.

Wide price gaps

Although long queues have been reported at the TMO and more than 80,000 mt have apparently been registered with the state-run organisation, traders emphasise that there is no need to panic. Issue is that only appointments have been booked so far and that it is by no means certain in how far the growers will really end up selling their supplies to the TMO. Ferrero issued a bid over TRY 25.00/kg for raw inshell kernels along with a surcharge of TRY 0.25/kg for high quality. Although these bids certainly range at the lower end of expectations, traders a

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