Dried Fruit

Sultanas: waiting for official production estimates

August 10, 2021 10:06 AM, Der AUDITOR
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MANISA. Official estimates for this year's sultana production have not been issued yet and unofficial accounts differ widely. Rumour also has it that the TMO may change its plans. If true, this will certainly have far-reaching consequences for the market.

How high will the base price be?

Turkey's Ministry of Agriculture and Forestry has not issued any production estimates so far. Although production should be similar in size to last year, unofficial estimates range far apart at 240,000-300,000 mt. While official production estimates amounted to 271,000 mt last year, registered volumes range 20% higher at 315,000 mt. The market is, however, not only left waiting for the government to issue production estimates but also a base price.

Concerns over TMO's plans

The TMO purchased around 60

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