market update No. 25-2023 Despite the weak Turkish Lira, raisins/sultanas prices remain stable with a slight increase in potential

After the Turkish elections and Erdogans AKP victory, the Turkish Lira continues its decent in value against USD by 5 % to 20,9059. Why has this had no impact on Turkish Raisin's quotes? The answer is that Turkish exporters cannot find any uncommitted raw material on the free market at TRY 24,00 p.kg prices.