Waiting for the TMO
Some market players feel that the current season has already finished. Issue is that the TMO is only expected to issue a bid price along with purchasing details in around six weeks. Ferrero will, in addition, only send a signal once the TMO has taken a decision. Many processors and crackers will also close for cleaning and maintenance at the start of August before the harvest is due to start, which will slow down trading even more.
Turkey has shipped more than 254,000 mt of hazelnuts without shell overseas this season so far. Weekly