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Sultanas: high end-of-season stocks expected

February 16, 2021 at 12:03 PM , Der AUDITOR
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MANISA. Turkey is reckoning with snow and frost over the next few days. The recent drastic shifts in temperature have prompted the market to...

...pay close attention to the weather over the next two months, which will prove decisive for yields and prices.

Weekly exports lag 20% behind

Demand leaves much to be desired. Turkey shipped as little as 3,450 mt of seedless dried raisins overseas last week, which is nearly 20% down on the same week one year ago. At 113,426 mt, this season's total exports range 13% lower than last year. Suppliers in Turkey are having diffulties competing with the prices on offer in the international market and the pandemic is weighing on demand.

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