Dried Fruit

Sultanas: Buyers will not be deterred

November 10, 2016 at 8:15 AM , Der AUDITOR
Play report as audio

MANISA. Turkish sultana producers had been betting on selling larger amounts of sultanas to the government, who would then distribute them to schools.

Similar as in the last season, results fell far short of expectations. Officially, 60,000 mt were spoken of, but currently there are just barely 1,250 mt available, and traders are not counting on the amount climbing to more than 2,500 mt in the course of the season.

 

Prices stable for the time being
Prices should have reached their definite level for the time being, which is somewhat above last week’s level, though. There should still be some negotiating range in the case of concrete enquiries, most suppliers are offering shipments until February 2017 at the current prices. For a surcharge of about 50 USD/mt, contracts to the end of August 2017 are possible.

 

sultanas, Turkey

type

USD/mt

EUR/mt

grade A, type 8, STD  

1,325

1,192

grade A, type 9, STD  

1,375

1,237

grade A, type 10, STD  

1,525

1,372

organic, grade A, Type 9  

2,100

1,889

FOB Izmir

 


15% go to Germany
Compared to last year, prices are considerably lower, which led to growing export figures (+44%). Turkey exported more than 62,000 mt of sultanas abroad in the first two months of the current season. With amounts of 9,100 mt and 12,550 mt, respectively, Germany and UK are not only the largest importers EU-wide, but also the largest importers worldwide.

 

export sultanas in mt

season

mt

Ø USD

Ø EUR

2016/17

69,875

1,629

1,466

2015/16

48,379

2,084

1,875

01.09.-05.11.16

 

Attached Files

File icon
sultanas, grade A, type 9, STD, 2,21 - 1

View related articles

Go to the News Overview
Dried Fruit
Jul 16, 2024
AYDIN. The figs in the Turkish province of Aydin are developing well, with the warm temperatures allowing the fruit to ripen quickly. However, a sudden change in the weather could have negative consequences for yields.
Dried Fruit
Jul 16, 2024
MALATYA. The start of the 2024/25 season is imminent and Turkish dried apricot exporters are making their first offers for the new crop. There was some rainfall in Malatya, but it did not cause any major damage.
Dried Fruit
Jul 16, 2024
MANISA. Tariş will issue a purchase price for the new crop at the start of August. As least year's production was rather disappointing for raisins and sultanas exports are lagging behind in terms of volume but have risen sharply in terms of value.
Dried Fruit
Jul 10, 2024
QUÉBEC. After a rather disappointing year, experts are forecasting an increase in the production of dried cranberries for the 2024/2025 season. Meanwhile, EU imports have fallen by 40% this year.