Dried Fruit

Sultanas: Tariş revises purchasing price

October 31, 2023 at 4:41 PM , Der AUDITOR
Play report as audio

MANISA. As Turkey's Central Bank increased the key interest rate in line with expectations it has become more difficult for exporters to take out loans. Raisin association Tariş has issued new purchasing bids and export prices remain high.

Exporters in a fix

On 26 October the Central Bank Monetary Policy Committee announced its decision to increase the key interest rate by 500 basis points to 35%. Effect is that loans have become even more expensive and exporters are no longer willing to pay high interest rates to finance raw material purchases. Tariş has, in addition, once again revised the purchasing prices for seedless raisins upwards. The new prices are TRY 55/kg for type 7 raisins, TRY 60/kg for type 8 raisins and TRY 65/kg for type 9 raisins. The price for type 10 and Thomson raisins is TR

View related articles

Go to the News Overview
Dried Fruit
May 28, 2024
MALATYA. Harvesting will start in mid-June for apricots in Turkey and the current export season might even be completed before Eid al-Adha, the Festival of the Sacrifice. Weather conditions are still favourable.
Dried Fruit
May 28, 2024
MANISA. After madness has prevailed for sultanas in Turkey in recent weeks, things have now improved a bit.
Nuts
May 27, 2024
MANILA. In planting 100 million coconut trees the Philippine government aims to revitalise the industry. High freight rates present quite a challenge.
Dried Fruit
May 21, 2024
AYDIN. Problems concerning the Mediterranean fruit fly are more or less under control, yet the fig yards are still being monitored. Trouble is also that the trees urgently require some rain.