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Sultanas: Decline in production turns market upside down

February 22, 2018 at 2:52 PM , Der AUDITOR
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MANISA. Disappointing results in production, in such important origins such as California lead customers to look into alternatives such as Chile and South Africa.

It remains to be seen, if processors alter their recipes, to use instead of Thompson raisins Turkish sultanas, too. Offers for Californian raisins are circulating in the market between 3,150-3,350 USD/mt CFR EMP; Turkish Thompson raisins cost at least 2,600-2,800 USD/mt FOB Izmir. 

Exports are showing signs of weakness
The export speed of Turkish sultanas is slowing down; with 145,807 mt, not even 3% more have been exported abroad than in last year’s period. After the turn of the year, the price rise has brought the average export price more and more

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