Dried Fruit

Sultanas: freight charges on the rise in Turkey

January 25, 2022 at 9:41 AM , Der AUDITOR
Play report as audio

MANISA. Winter conditions prevail in Turkey. The central bank has, fortunately, left the key interest rate untouched this month. Capacities are lacking in the export market, which is driving up the prices for sultanas.

Subdued spot market demand

As Turkey's central bank desisted from changing the key interst rate last week the lira has remained relatively firm. Inflation has risen by 36% in Turkey in recent months to a 19-year high. Cold weather, frost and snow prevail in the country at present, whereas trading is rather subdued. At USD 1,500/mt FOB Izmir the prices for prompt shipments may range around USD 100/mt lower than for longterm contracts but buyers are showing little interest. The prices for organic type 9 sultanas have decline a bit since last week and range at USD 2,20

View related articles

Go to the News Overview
Dried Fruit
May 16, 2024
REUS/TEHRAN. As the latest INC estimates show, Saudi Arabia will remain the most important producer of table dates in the 2024/25 season. Iran, meanwhile, has recorded a significant increase in exports.
May 15, 2024
MANILA. The extremely high temperatures in the Asian countries of origin are likely to exacerbate the commodity shortage for the 2025 crop. A similar scenario was already observed last year.
Dried Fruit
May 14, 2024
AYDIN. Turkish dried fig farmers have to hurry to prepare their plantations for the coming season due to the warm temperatures. Global dried fig production is expected to increase by 9% in 2024.
Dried Fruit
May 14, 2024
MANISA. The hailstorms on the first weekend of May are said to have caused damage to vines in some of Manisa's growing regions. Meanwhile, the current production estimates for the coming season were published during the International Nut and Dried Fruit Congress last week.