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Sultanas: use of pesticides prompts cut back in organic supplies

September 1, 2020 at 10:15 AM , Der AUDITOR
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MANISA. Turkey's new sultana export season officially started on 1 September. Although the TMO intends to start buying, trading activities are going well the the Commodity Exchange in Izmir.

Producers undercut government price

The TMO intends to buy a minimum of 50,000 mt of sultanas as of 7 September and farmgate prices for conventional type 9 sultanas have been set at TRY 12.50/kg. Exporters have, nevertheless, started purchasing at a much lower rates of TRY 11.40/kg for last year's old crop and at TRY 11.50/kg for the new crop at the commodity exchange. These low prices are due to the fact that small producer, who need cash, are currently selling at cheaper rates than set by the government. Traders, however, report that the market is highly chaotic s

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