Turkish Hazelnuts February Market Update
The situation in Turkey remained firm. Although rumours about less demand from the domestic market and middle east were spread, were no signs of relief seen. The situation in terms of large calibres seems to become even firmer, as prices are slowly increasing for 13/15 sizes. While the TMO doesn’t show any sign of interference of the market, are stockholders not triggered to jump back to the market at the current levels. The predictions for the new crop are not pointing at a relief either, as weather conditions remain mild and the risk of an early 2018 crop remains.
As we are Izmir Organic suggest that, procurement process of the Turkish hazelnuts should be fast as the prices are increasing day by day.