Dried Fruit

Sultanas: TMO sells stocks

April 7, 2020 8:48 AM, Der AUDITOR
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MANISA. The TMO started selling last week. Exporters, however, reckon that the prices are by no means attractive.

 

Turkey has shipped 164,982 metric tonnes of sultanas and raisins overseas since the start of the season, which is nearly 6% less than last year. Reports state that some buyers had to compensate for delays in China and Iran, which has given rise to spot market sales in Turkey. This has prompted a 23% rise in weekly exports to 5,449 metric tonnes.

 

Seedless dried raisin exports, Turkey

Season

mt

avg USD

avg EUR

2019/20

164,982

2,077

1,918

2018/19

175,201

1,962

1,812

 

TMO prices are unattractive

 Reports state that the TMO is selling type 9 sultanas at TRY 10.50 per kg and type 10 sultanas at TRY 10.90 per kg. These prices range well above the current market prices and traders reckon that demand is not strong. The Commodity Exchange in Izmir is currently only open two days a week (Monday and Thursday). Prices most recently ranges at TRY 9.50-9.60 per kg. Producers may, however, raise their prices to TMO prices. Export prices remain firm and no adverse weather conditions have been reported in the growing regions.

 

Sultanas, Turkey

Type

USD/kg

RTU grade, Type 8, medium

1.75

Grade A, Type 9, STD

1.75-1.80

Grade A, Type 10, STD

1.85-1.95

Organic, Grade A, Type 9

2.50-2.60

FOB Izmir

 

Attached Files

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price chart sultanas type 10 Turkey
File icon
price chart sultanas type 9 Turkey

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