Dried Fruit

Sultanas: exporters fail to pass on prices

October 27, 2020 11:33 AM, Der AUDITOR
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MANISA. Undeterred by anything but encouraging export figures for raisins and sultanas, market players in Turkey are confident that prospects are good. Buyers will have to reckon with higher prices in the second half of the season.

Suppliers fail to pass on exchange rate fluctuations

Trading is in full swing in Turkey. While the farmgate prices for type 7 sultanas range at TRY 10.80-11.50/kg, type 8 sultanas are trading at TRY 12.00/kg. The state-run organisations, TMO and Tariş, continue to buy, meaning that only small volumes should remain with the farmers in the second half of the season. Buyers will most certainly have to prepare for higher export prices.

Despite the continued depreciation of the Turkish lira, export prices have remained firm at USD 1,630-1,675/mt FOB Izmir. Suppl

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