Dried Fruit

Sultanas: crop forecast and TMO prices give direction

April 25, 2023 at 4:50 PM , Der AUDITOR
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MANISA/BEIJING. In Turkey, trading activity is relatively low due to the long weekend, and the upcoming elections are the no 1 topic in the markets. Meanwhile, last year's EU imports were 5% lower than in 2021.

It's a case of wait and see

After the long weekend at the end of Ramadan, the Turkish dried fruit market had a leisurely start into the new week. There is still no data regarding frost damage, this is expected in the coming days. This, combined with the TMO's decision on whether and when to sell raw materials from the current season, are decisive factors for the further price development. Growers who still have stocks would like to sell them, but also want to base their offers to the TMO's prices. Currently, market players reckon that prices will

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