Dried Apricots: Change in Export Prices MALATYA: Blooming has started, weather conditions are still very favorable

Mintec Global
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Apricot trees generally begin to bloom in March in Malatya. Although suitable weather conditions cause it to bloom at the beginning of March, this period is delayed to the end of March due to snow and cold temperatures this year. Since apricot flowers are susceptible, they tend to disappear in case of bad weather conditions. Therefore, good weather conditions after the apricot trees bloom determine the rate of the apricot harvest that year. The current situation is still very favorable for a good crop, but as stated before, dangers are always present.
Market players informed that some companies have adjusted their working hours this week or even closed their companies due to Ramadan.

The export prices for sulfured apricots increased since last week due to good export figures for March, since there is no raw material available anymore in the Market and there are still four months to go until the new Season. However, prices for natural apricots reduced slightly as there is still a good quantity available. Demands are still weak. Although the total export figures are lower, it has to be considered that the crop was also smaller than last year.

Turkey exported 65.168 mt so far, which was 66.334 mt the previous year during the same period. Last week’s exports were with 1.804 mt apricots more than the exports of 1.619 mt during the same week of the previous year.

Apricots, Turkey, Crop 2021 (2000 ppm)

SizeUSD/mt
Jumbo6.950
No. 16.820
No. 26.600
No. 36.540

 

Dried apricot exports on mt basis
Season2021/222020/21
Qty (mt)65.16866.334
Since the beginning of the season

Source: Trade etc.