Dried Fruit

Sultanas: exporters reap surprising profits

January 21, 2020 1:19 PM, Der AUDITOR
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MANISA. The TMO’s controversial decision to intervene in the market prompted a price surge at the beginning of the season. Prices rose as high as USD 2.15 per kg, whereas they ranged considerably lower at USD 1.76 per kg only one year before.

Calls for TMO to intervene in 2020

The decision of the TMO to act as a buyer to prevent farmgate prices from declining below TRY 10 per kg has been controversially discussed. Problem was that market players were concerned that this would impact Turkey’s competitiveness in the global market. Nevertheless, the Aegean Dried Fruit and Products Union is quite happy with Turkey’s performance this season so far.

Although the export volume has declined by more than 8% to 114,845 metric tonnes, the export value has risen by 1.8% to USD 239.9 million this

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