Pistachios: rough water

February 18, 2025 at 10:56 AM , Der AUDITOR
Play report as audio

ISTANBUL. Manipulations are rife in Turkey. People cannot afford the current high prices for pistachios. To make matters worse, the industry is already gearing up for next season.

Locals cannot afford high prices

For suppliers the Dubai Chocolate hype was a welcome excuse to drive up the market in Turkey. Prices also rose at the start of the year and manipulations have recently caused some upheaval. Despite production reaching a record 415,000 mt this season as INC statistics show and demand being good, waters are expected to remain rough.

Demand from the EU is stable but local consumption has eased as people cannot afford the current high prices. Quotations have eased in the past two weeks after manipulators drove up the market. Yet,

View related articles

Go to the News Overview
Nuts
Mar 28, 2025
ORDU. Recent weather events and political upheaval are dominating the current market activities for hazelnuts in Turkey. Farmers are, however, much more concerned with a different issue. The TMO is currently selling good volumes.
Nuts
Mar 26, 2025
CANBERRA. Although Cyclone Alfred has hit the growing areas in New South Wales, the impact on overall Australian production has been less than feared. EU imports are declining sharply.
Nuts
Mar 26, 2025
ISTANBUL. News from Turkey is not good. Not only is political upheaval once again dominating the scene, but recent weather events are also impacting pistachios, whereby frost is not the only issue.
Nuts
Mar 25, 2025
MANILA. The shortage on the coconut market continues to worsen and there is no end in sight for the time being. This continues to be reflected in prices.