Hazelnuts: exports slump by a third

November 2, 2020 at 9:27 AM , Der AUDITOR
Play report as audio

ORDU. The decline of the Turkish lira has brought hazelnut prices down to an attractive level for overseas buyers. Exports, nevertheless, range well below last year.

Consumers to boost demand

The more favourable export prices of recent weeks have encouraged some buyers to make spot purchases. Export volumes by no means, however, match last year's record performance. Turkey has shipped around 58,622 mt of hazelnut kernels overseas since the start of the season. This is a decline of 42% on last year (approx. 97,000 mt) and around 4% less than in 2018/2019. Exporters are trying very hard, but buyers are holding back on long-term contracts. Suppliers in Europe, nevertheless, hope that the new lockdowns recently imposed in many membe

View related articles

Go to the News Overview
Nuts
Nov 25, 2024
NEW DELHI/BUENOS AIRES. Prices for Indian peanuts are currently volatile and there is disagreement as to whether they will rise or fall in the coming weeks; both seem possible. Argentine market players are facing numerous challenges.
Nuts
Nov 25, 2024
FRESNO. Domestic demand is strong for US pistachios. Exports to China have slumped. Water is an issue in California.
Nuts
Nov 22, 2024
ORDU. While producers are patiently waiting for Ferrero to conduct the next move, producers are holding back incredible volumes of hazelnuts in Turkey.
Nuts
Nov 21, 2024
BRUSSELS. Eager suppliers are urging customers to act fast for pine nuts in China and Turkey. As recent import statistics show Russia’s export duties have failed to impress buyers in the EU this season so far..