Dried Fruit

Sultanas: hailstorms may be an issue

April 28, 2020 8:18 AM, Der AUDITOR
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MANISA. Although the vineyards in Turkey were largely spared from frost damages, hailstorms are forecast for May. Initial estimates state that...

... a decline in production cannot be ruled out this year as less grapes have been counted. Official estimates have, however, not been issued so far. Market players reckon that the first estimates will be issued in mid-May, when hailstorms no longer pose a risk.

Rise in exports, despite start of Ramadan

Despite the start of Ramadan, which is marked by a public holiday, exports have nominally risen last week over the same period last year. On reason most certainly is the cheaper average export price of USD 2,048 per metric tonne, which ranges around USD 150 per metric tonne lower than last year. Turkey has shipped 178,649 metric tonnes of raisins and sultanas overseas this season so far, 9,000 metric tonnes less than last year.

Seedless dried raisin exports, Turkey

Season

mt

avg USD/mt

avg EUR/mt

2019/20

178,649

2,073

1,915

2018/19

187,638

1,977

1,826

Since the start of the season

Prices on offer remain low

A total of 225 metric tonnes of no 8 and no 9 sultanas were traded at the Izmir Commodity Exchange at the beginning of the week. Prices ranged at TRY 9.60 per kg and TRY 9.80 per kg respectively. Although export prices have remained stable so far, they may come under pressure if the lira continues to depreciate. Market players reckon that demand will revive again very soon.

Sultanas, Turkey

Type

USD/kg

RTU grade, Type 8, medium

1.65

Grade A, Type 9, STD

1.65-1.75

Grade A, Type 10, STD

1.80-1.95

Organic, Grade A, Type 9

2.55-2.65

FOB Izmir

 

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price chart, sultanas, type 9, Turkey
price chart, sultanas, type 10, Turkey
price chart, organic sultanas, type 9, standard, Turkey
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price chart sultanas type 10 Turkey
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price chart sultanas type 9 Turkey

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