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Sultanas: organic supplies run low

January 11, 2022 at 2:44 PM , Der AUDITOR
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MANISA. Trading activities are starting to revive again in Turkey as market players report. As organic sultana supplies are no longer available in the free market prices will certainly rise.

TMO may be prompted to act

While trading was rather subdued in Turkey at the turn of the year as many buyers were on holiday things are starting to change now. Demand is still, however, rather low and the lira has lost in value since last week.Trading is also still rather slow at the Izmir Commodity Exchange, where A grade type 9 sultanas are quoted at TRY 16/kg. Export prices have nominally risen to USD 1.55/kg FOB Izmir for the same variety. Traders, moreover, report that the TMO is very well prepared to sell some volumes should the exporters require sultanas. Org

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