market-update No. 55-2021 Turkish sultanas
2021-08-13 | Turkish sultanas prices continue to go firmer
The Turkish Ministry of Agriculture's team of experts is currently inspecting the vines to determine their crop estimate. The first figures are leaking out, according to which the harvest is expected to be only about 230,000 mt. That would be extremely low and well below last year's 300,000 mt. Our shipper estimates about 250,000 mt. Prices continue to rise in Turkey, and we see growing uncertainty. What will the TMO do next?
The Turkish Ministry of Agriculture's team of experts is currently inspecting the vines to determine their crop estimate. The first figures are leaking out, according to which the harvest is expected to be only about 230,000 mt. That would be extremely low and well below last year's 300,000 mt. Our shipper estimates about 250,000 mt. Prices continue to rise in Turkey, and we see growing uncertainty. What will the TMO do next?