Dried Fruit

Sultanas: exporters hold back

August 18, 2020 9:25 AM, Der AUDITOR
Play report as audio

MANISA. Market players in Turkey are still waiting for crop estimates and TMO prices to be issued. Exporters are forced to hold back with issuing reference prices.

Rumours persist

Traders in Turkey are still waiting for the TMO to issue base prices for the new crop. Harvesting is underway and unofficial crop estimates range at 280,000 mt. Most exporters are still holding back and even refuse to respond to enquiries for reference prices. The few prices issued range at USD 1,775-1,850/mt FOB Izmir for type 9 sultanas. Carry in volumes are expected to range low. Rumours on crop size and TMO prices that are circulating in the market should be treated with caution. Definite prices will only be released in two to three weeks.

View related articles

Go to the News Overview
Dried Fruit
Aug 9, 2022
MALATYA. Both farmgate and export prices for the new crop have increased noticeably compared to last week. As far as price trends are concerned, the coming weeks will be decisive.
Dried Fruit
Aug 9, 2022
AYDIN/TEHRAN. In the coming weeks, weather conditions will prove particularly crucial for this year's dried fig production. The harvest of fresh figs is in full swing in both Turkey and Iran.
Dried Fruit
Aug 9, 2022
MANISA/TEHRAN. The wish of Turkish market players to announce the prices for sultanas earlier this year seems to be fulfilled promptly: President Erdoğan has announced his visit to Manisa for 20 August. Turkish exports continue to do well - in stark contrast to Iran's exports.
Dried Fruit
Aug 2, 2022
AYDIN. Assessments of this year's fig crop will start in Turkey next week. The market expects production to range 20% higher than last year.