Dried Fruit

Sultanas: international buyers not affected by higher prices

December 7, 2021 10:24 AM, Der AUDITOR
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MANISA. Although the TMO has stopped buying, the farmgate prices for sultanas have risen in Turkey. Export prices are cheap due to the depreciation of the Turkish lira, but buyers are showing surprisingly little interest.

Farmgate prices on the rise

The TMO stopped buying from producers at the start of last week. A fortunate stroke of luck for the state-run organisation as the recent depreciation of the Turkish lira to new lows against the euro and US dollar caused farmgate prices to rise by TRY 1.50/kg. Quotations for type 9 sultanas have climbed to TRY 14.50/kg at the Izmir Commodity Exchange and in the free market.

Although a high degree of uncertainty prevails in the market, export prices have mainly remained firm since last week. The prices for a grade type 9 sultanas, f

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