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Sultanas: offers from China are not an alternative

November 2, 2021 at 9:28 AM , Der AUDITOR
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MANISA. Demand in the Turkish sultana market is surprisingly weak for this time of year. Even the offers from China, despite cheaper prices, do not offer a significant alternative due to the high freight costs for shipments to Europe.

Export demand eases early

The period between the first availability of the new crop and the end of the year is usually the peak season for sultana exports from Turkey. However, after a promising start to the 2021/2022 season with good export results, demand is already slowing down considerably according to market players. Many buyers sticking with spot purchases. Last week's export volume of 4,682 mt was just 180 mt higher than in the same week last year, and exports since the start of the season have been down by around 300 mt year-on-year to 50,597 mt.

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