Dried Fruit

Sultanas: rise in spot buying

February 18, 2020 9:16 AM, Der AUDITOR
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MANISA. Market players are concerned over the warm weather in Turkey, which may pose a certain risk. In addition, the outlook for the new crop is highly encouraging. Reports state that buyers are active in the spot market.

Buyers more interested in spot buying

Turkey shipped 4,059 metric tonnes of sultanas overseas last week. Average prices ranged at USD 2,100 per metric tonnes. In the same week last year, a higher volume of 4,977 metric tonnes was shipped and the average export price also ranged higher at USD 2,201 per metric tonnes.

According to the Aegean Exporters’ Union, the total overseas shipments for 2019/2020 ranged at 130,702 metric tonnes on 15 February. This is a decline over the 143,883 metric tonnes shipped one year ago at a much lower average export price

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