Dried Fruit

Sultanas: buyers demand lower prices

June 15, 2021 10:41 AM, Der AUDITOR
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MANISA. Traders in Turkey report that overseas buyers demand lower sultana prices - without success so far. The TMO's intentions remain unclear with rumours running wild. Although exports have picked up in recent weeks, the total volumes exported this season so far still fall well short on last year.

TMO's intentions remain unclear

Rain has been forecast in Turkey this week and will certainly be welcomed with open arms as farmers are very much concerned over prevailing drought-like conditions. With daytime temperatures ranging at 30C and nighttime temperatures at 16C conditions are excellent for the development of the crop. Traders report that overseas buyers prefer to wait for lower export prices. There is, however, little chance at present that prices will decline. Type 9 sultanas are already trading relatively low at USD 1.60-1.65/kg FOB Izmir for prompt ship

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