Dried Fruit

Sultanas: TMO to issue statement

December 22, 2020 11:45 AM, Der AUDITOR
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MANISA. Market players in Turkey are curious to see in how far the TMO will continue to buy raisins and sultanas. Exporters, meanwhile, remain confident that shipments will pick up again. The pandemic will, however, continue to generate a high degree of uncertainty

TMO to state how long buying will last

Market players are reckoning that the TMO will issue an announcement any time soon stating in how far the state-run organisation intends to continue purchasing raisins in January and throughout the rest of the season. Another important factor is the Turkish lira, which has continued to fluctuate over the last few weeks. Stability is not in sight. Raw material prices have remained firm at TRY 11.50-11.80/kg in the market and at the Izmir Commodity Exchange. Export prices for type 9 standard A grade sultanas have also remained in

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