Dried Fruit

Sultanas: damages range as high as 50%

June 9, 2020 11:12 AM, Der AUDITOR
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MANISA. Due to the celebrations marking the end of Ramadan and curfews trading was cut short in Turkey in May. Exports have now, however, revived again.

Stable export prices

Demand remains subdued. Last week's exports, nevertheless, range higher than ony year ago as this was the week in which Ramadan was celebrated last year. Turkey shipped 4,008 metirc tonnes of sultanas overseas last week at an average export price of USD 2,059 per metric tonne last week. One year ago, exports ranged at 1,459 metric tonnes and average prices at USD 2,359 per metric tonne. Although supplies are being offered at the commodity exchanges, the exporters are still not interested in paying TRY 10 per kg or more. Registered sales ranged at 268,000 metric tonnes at the end of May. Prices are not expected to rise further before the start of the new season. Exchange rate fluctuations pose an additional problem for the export market, prices have, however, remained firm for now..

Seedless dried raisin exports, Turkey

Season

mt

avg USD

avg EUR

2019/20

199,807

2,069

1,830

2018/19

209,855

2,006

1,775

Since the start of the season

Concerns over new crop

After record high temperatures were recorded in May, it suddenly became very cold and snow was witnessed in some parts of Turkey. Market players report that the vines lost up to 50% of their fruit in some regions, which will most certainly impact production. Exact estimates still, however, need to be issued. Grade A, type 9 sultanas are trading in a firm range of USD 1.70-1.75 per kg FOB Izmir.

Sultanas, Turkey

Type

USD/kg

RTU grades, Type 8, medium

1.68

Grade A, Type 9, STD

1.70-1.75

Grade A, Type 10, STD

1.85-1.95

Organic, Grade A, Type 9

2.60-2.65

FOB Izmir

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price chart, sultanas, type 9, Turkey
price chart, sultanas, type 10, Turkey
price chart, organic sultanas, type 9, standard, Turkey
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price chart sultanas type 10 Turkey
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price chart sultanas type 9 Turkey

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