Dried Fruit

Sultanas: TMO stops buying

November 30, 2021 at 3:34 PM , Der AUDITOR
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MANISA/TEHRAN. The TMO has announced that it will not buy any more sultanas from growers this season. Lack of demand is putting some exporters under pressure to sell, while Iranian traders have been able to raise their prices.

Market prices sufficiently stabilised

The TMO has bought plenty of sultanas from farmers this year, as the offers in the free market did not meet their requirements. Now, the state organisation is said to have informed growers by short message last week that no more sultanas will be purchased from 30 November. Market prices have reached a level of TRY 12.50-13.50/kg, so they do not need any more support. Moreover, so much raw materials have been delivered to the TMO in the meantime that hardly any goods remain with the farmers anyway.

Export prices for sulta

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