Sultana Raisins: Stable Situation Continues MANISA: Sultana raisins market remain calm

Market players informed that the stable situation continues, that there are not many new demands, that exporters mostly continue to process at a slow pace their existing orders, and that there is little activity in the raw material markets. Raw material prices remained as before type nr. 9 is traded at 15.40-16 TL/kg levels, the transactions at the Commodity Exchange in Izmir remains as before calm, traded volumes are small.  Exporters offer still at 1500-1550 Usd/mt on FOB Izmir basis for type nr.9 and at 2000-2200 Usd/mt on FOB Izmir basis for organic type nr.9.

At the Commodity Exchange in Izmir. Conventional sultana raisins are offered at 1550-1600 Usd/mt and Organic sultana raisins at 2100 Usd/mt levels for prompt shipments. The Turkish lira remained almost at the same level as last week and noted today the Usd/TL rate at 14.82 TL (14.84 last week) and Euro/TL rate at 16.38 TL levels (16.24 last week).

Cold weather with minus degrees at night continues in Turkey and Manisa. According to the weather forecasts, another cold wave is expected after the temperature has increased a little this week. Still, this situation does not pose a danger to the vineyards.

Exports are faster than last year. Turkey’s total exports range at 142.890 mt until 19 March 2022, which was 131.830 mt the previous year during the same period. Turkey exported 4.243 mt sultana raisins last week, being 3284 mt during the same week of the previous Season..

Source : Trade, etc.

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