Pistachios: new year with new stimulators

January 15, 2025 at 10:15 AM , Der AUDITOR
Play report as audio

ISTANBUL. According to traders the Dubai chocolate hype no longer is the main stimulator for pistachios in Turkey. Other factors have rather entered the scene in January. News concerning the next crop is also emerging form the orchards.

Price issues

Dubai chocolate may have stimulated the market for pistachios in Turkey in recent months, yet local traders insist that the hype is now over. Several other factors have come into play instead. With the new year energy and labour costs have increased in Turkey along with taxes and other fees. The relatively stable exchange rate and the weakness of the euro against the US dollar have also impacted pricing.

Most exporters have increased their offers sharply in the past few weeks. Raw nuts are, in addition, not in short supply with the noted excepti

View related articles

Go to the News Overview
Nuts
Feb 13, 2025
ORDU. Sellers are waiting for action from market giant Ferrero, who announced new purchasing offers this time last year. According to market players, TMO sales were not sufficient to meet demand.
Nuts
Feb 12, 2025
HANOI/PHNOM PENH. Cambodia is the main supplier of raw cashew nuts to the Vietnamese market, and the value of imported nuts broke the USD 1 billion mark last year. However, Vietnamese suppliers are expected to benefit more from free trade agreements in order to defy export challenges.
Nuts
Feb 10, 2025
NEW DELHI/BRASÍLIA. In India, prices have fallen again slightly after last week's rise, and suppliers currently have little hope of an improvement. In Brazil, the weather is proving to be decisive for the new crop.
Nuts
Feb 6, 2025
ORDU. Exporters have responded to the TMO sales for hazelnuts. Prices are not quite what the market expected and the TMO has been accused of opening the doors to a monopoly. Exports are impressive, despite prices being remarkably high.