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Sultanas: TMO intervention remains uncertain

June 8, 2021 at 9:21 AM , Der AUDITOR
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MANISA. Sultana traders in Turkey will be forced to adapt to the market situation sooner rather than later. Issue is that production prospects are highly encouraging and that the state still holds large carry-over stocks. The market can at best speculate on when exactly the TMO will intervene.

Weekly exports on the rise

Turkey shipped 4,189 mt of seedless dried raisins overseas last week, which is nominally up on the 4,008 mt exported in the same week last year. Toal exports for the season, however, fall short of last year. A volume of 175,725 mt has been shipped overseas since the start of the season, which is down on the 200,000 mt shipped in the same period in 2019/2020.

Seedless dried raisin exports, Turkey

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