Marktinfo

2018-10-17 | Today we have received information that one of the leading Turkish Raki distilleries is offering TRY 7,50 p.kg for the “cheapest” raw materials. They are looking to buy 15.000 mt. This is actually the price for raw materials of high-quality type 9 produce. Although the Raki industry purchases low quality raw materials (rain-damaged material etc.)! Furthermore, the recovering Turkish lira increases prices for raw materials!

2018-10-15 | Thursday last week Turkish legal authorities freed controversial US pastor Andrew Brunson. Immediately after his release he travelled to Germany. This act represents a significant step towards relieving the tense situation between Washington and Ankara. This decision will partially restore the severely damaged confidence of international investors and markets and will help the Turkish economy regaining strength.

2018-10-10 | During the last week we are trying to confirm a deal for 2 fcl new crop Snow White in-shell with no success. This variety will be grown only in Heilongjiang. Heavy rainfalls have destroyed the new crop and pumpkin are rotten in the field.

2018-10-05 | Inflation in Turkey increases dramatically with 17,9 percent in August this year. Currently we are already at 25,5 percent by now. Prices for transport and logistics even rose by 36,61 percent. Interest rate is currently at 24 percent. Since the latest interest increase Turkish Lira stabilized at TRY 6,00 for 1 USD. Before this intervention of Turkish Central Bank Turkish Lira was in free fall with TRY 7,1048 for 1 USD, an all-time low in 2018.