Free of charge

Sultanas: Suppliers play it safe

August 24, 2017 at 9:13 AM , Der AUDITOR
Play report as audio

MANISA. Although about 5,000 mt of sultanas were shipped last week, demand is very subdued for new contracts.

 

Subdued activities

Due to the Sacrifice Feast market activities are expected to be rather subdued next week. Some trading activities will, however, take place.

Sultana exports in mt

season

mt

avg USD

avg EUR

2016/17

262.412

1,555

1,322

2015/16

197.731

2,051

1,744

since the beginning of the season

 

Storms have wreaked havoc

Storms have wreaked havoc in some regions. Some field, in which the grapes are drying, have been flooded and one farmer has been killed. The prices have, however, remained unaffected. The prices for the lighter type 10 sultanas have even dropped considerably since last week. It should, however, be noted that prices here particularly depend on the weather since longer drying periods usually result in a darker colour. It is very possible that prices will rise again, especially since temperatures at night are extremely low, which is why traders are reckoning with longer drying periods.

Sultanas, Turkey

type

USD/mt

EUR/mt

Grade A, Type 8, STD  

1,400

1,190

Grade A, Type 9, STD  

1,435

1,220

Grade A, Type 10, STD  

1,500

1,276

Bio, Grade A, Type 9  

2,150

1,828

FOB Izmir

 

Possible drop in production

Some market players expect a smaller crop this year and are only offering contracts till February. This is because the market has witnessed very good harvests over the last two years, which is why some market players issue concerns that production is set to drop in 2018.

Attached Files

File icon
sultana type 10 price chart
File icon
sultana type 9 price chart

View related articles

Go to the News Overview
Dried Fruit
Jun 17, 2025
AYDIN. In Aydin, the industry is presently working on improving its export performance for dried figs and industry leaders have identified quality, marketing and climate change as key problems in a recent workshop.
Dried Fruit
Jun 17, 2025
MANISA. Prices have started to rise yet again for sultanas. With exports clearly underperforming carry-over supplies will exceed 40,000 mt.
Dried Fruit
Jun 17, 2025
MALATYA. Market activities for dried apricots have not come to an entire standstill. Price expectations for the first volumes of the new crop are circulating. Exports have taken a hit in May and economic disaster is looming.
Dried Fruit
Jun 11, 2025
MALATYA. Even after the Feast of Sacrifice, most apricot processing companies in Malatya remain closed as there is neither supply nor demand. Market players are calling on the government to take action.