"Turkish Raisin Market Faces Uncertainty: Export Challenges and Rising Prices"

Turkish Raisin Market Faces Uncertainty: Export Challenges and Rising Prices

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Raisins closed the week on the rise again. Prices are high, the domestic market is active, but it is not possible to say the same for exports. If it continues like this, businesses will close this year before the new season comes. Many businesses have exhausted their stocks because they did not anticipate that prices would rise this much. Since the market price is not fixed, they buy from farmers as much as they need. Manufacturers’ stocks have also decreased considerably. If it continues like this, there will be no transfer to the new season.

TMO has not put its stock on sale yet. What the prices will be when it is put on sale after the elections will be known in April. We can say that there are enough number 8 and 9 raisins to cover exports, but the number 10 raisins are almost non-existent and the price is too high for the number 10 raisins, so they are out of the market.

Mintec Global

01.09.2023-02/03/2024 week crop 2023 raisin taken, export 7.360,152 ton total price is 12.589.875,61 $ and average rate is 1,711$ per mt.