TMO remains attractive partner
A total of 50,000 mt of sultanas have been registered with the TMO so far. Official production estimates are, however, still to be issued, which is unusually late. The TMO bid is meant to prevent growers from having to sell at low rates and to encourage them to demand similar prices in the free market. Daily trading volumes for sultanas range at 150 mt at the Izmir Stock Exchange. At TRY 11.30/kg type 8 sultanas are, however, trading lower here than with the TMO.
As the exporters still have sufficient supplies at their disposal