Market update No. 68 Turkish sultanas of new harvest

2018-11-16 | Raw material prices for sultanas and raisins are increasing by USD 50,00 p.mt every day. Just after Ramadan on 27 August 2018 we started with an opening price of TRY 7,25 p.kg for Type 9 raw materials. Yesterday raw materials of Type 9 were traded at Izmir Boursa at TRY 9,40 p.kg (see attachment 1). This is the equivalent to an increase of + 30 percent within 3 months.