Hazelnuts: the tide is turning
ORDU. Hazelnuts have certainly defied the trend. While the prices for many agricultural commodities have surged in recent weeks, buyers in the hazelnut market have rather profited from attractive prices. With attention shifting more and more towards the new crop, however, the tide is starting to turn. Issue is that prospects appear to be far from encouraging in other producing countries such as Azerbaijan or Georgia. Suppliers in Turkey, in other words, have no need to panic. Trading will, however, be very much subdued this week.