Rain may be lacking throughout Turkey, good news, however, is that temperatures have dropped to -3C and -5C ( 26.6-23F) in the vineyards, which is good for the plants. Processing costs have, however, risen as minimum wages were lifted in Turkey at the start of January. This has impacted the export prices for sultanas.
Type 9 sultanas are trading at USD 1,600/mt FOB Izmir and type 10 in a range of 1,850-1,900/mt FOB Izmir. The prices of organic type 9 sultanas range at USD 2,000-2,100/mt FOB Izmir. This situation will change as soon as the TMO