Dried Fruit

Sultanas: Turkish lira and Covid-19 have a strong influence on the market

November 17, 2020 3:08 PM, Der AUDITOR
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MANISA. Despite the comparatively low prices, Turkish exporters are dissatisfied with the demand situation. Meanwhile, the INC has announced the preliminary production results for global sultana and raisin production.

Hesitant activities on both fronts

The drastic increase in the value of the Turkish lira last week is unsettling exporters. The price indications for sultanas, grade A, type 9 are USD 1.70-1.85/kg FOB Izmir, but some suppliers are holding back with offers for the time being. There is also little interest from the buyer's side at present, the few enquiries are usually for spot purchases. Besides the general uncertainty in many markets due to the coronavirus situation, Turkish traders see the reason for the low buying interest in the cheaper prices of other growi

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