Dried Fruit

Sultanas: Buyers prefer to wait

March 8, 2017 at 10:07 AM , Der AUDITOR
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MANISA. The Turkish Lira is causing great concerns in Turkey. The fact that the currency has once again lost in value last week has greatly unsettled the traders.

 

These fluctuations render any predictions of the price development in the dried fruit market very difficult. Demand for prompt deliveries is subdued. There are, however, enquiries for May-October deliveries. Many buyers are waiting since they expect prices to drop if no frosts occur in Spring.

Sultana exports

season

mt

USD*

EUR*

2016/17

151,175

1.593

1.506

2015/16

110,456

2.149

2.031

Since the beginning of the season *avg.


Export prices remain stable

The raw prices are currently moving on a level of 3.40-3.90 TRY/kg. The weaker currency has so far not pressurised export prices. But the pressure is growing with every day in which no frost occurs, especially since the predictions for the 2017 crop are very promising. Production is currently estimated at 250,000-300,000 mt.

Sultanas, Turkey

type

USD/mt

EUR/mt

Grade A, Type 8, STD  

1,245

1,177

Grade A, Type 9, STD  

1,280

1,210

Grade A, Type 10, STD  

1,410

1,333

Bio, Grade A, Type 9  

2,200

2,079

FOB Izmir

 

Attached Files

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sultana type 9 price chart

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