Sultanas: prices set to rise in February

December 12, 2023 at 11:24 AM , Der AUDITOR
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MANISA. Exchange rate fluctuations are stabilising the export prices for sultanas for now. Yet, production declines should prompt further rises in 2024.

Buyers only act when they need to

Weekly exports have reached a similar level as last year. Turkey exported 4,169 mt of seedless raisins in the week ending on 09 December, which is up on the 4,113 mt registered in the same week last year. Total exports, however, only stand at 80,406 mt, which is more than 4,000 mt less than last year.

Inflation coupled with sharp price rises in Turkey prompted many buyers to wait in the hope that the market would turn again. As yields are simply too low this has not, however, happened so far. Long-term contracts have not rea

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