Dried Apricots: No end in sight yet MALATYA: Market players informed that the price increases still continue

Mintec Global
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Market players informed that the endless increases of dried apricots continue. For this reason, and to monitor the developments in foreign exchange, some exporters do not want to give prices at the beginning of the week. Submitted offers are also valid daily only and still subject to final approval.

Only a small number of farmers have still products and, most of the products are meanwhile in the hands of traders or exporters.

One of the main topics discussed at the Anuga Fair last week between apricots buyers and sellers was the cancelled contracts. Some of the buyers were in the approach of cancelling their contracts, and some of them revised even the contracts, half at the old price and half at the new price.

As mentioned before, this year, the harvest was announced as 85.000 mt and, according to some exporters, exports are progressing at this rate.

Turkey exported 24.688 mt so far, which was 21.288 mt last year during the same period. Last week’s exports were 2.252 mt apricots, which was 2.176 mt during the same week of the previous year.

Apricots, Turkey, Crop 2021 (2000 ppm)

SizeUSD/mt
Jumbo7.600
No. 17.150
No. 27.050
No. 36.950

 

 

Dried apricot exports on the mt basis
Season2021/222020/21
Qty (mt)24.68821.288
Since the beginning of the season

Source: Trade etc.