Sultanas: Tariş revises purchasing price

October 31, 2023 at 4:41 PM , Der AUDITOR
Play report as audio

MANISA. As Turkey's Central Bank increased the key interest rate in line with expectations it has become more difficult for exporters to take out loans. Raisin association Tariş has issued new purchasing bids and export prices remain high.

Exporters in a fix

On 26 October the Central Bank Monetary Policy Committee announced its decision to increase the key interest rate by 500 basis points to 35%. Effect is that loans have become even more expensive and exporters are no longer willing to pay high interest rates to finance raw material purchases. Tariş has, in addition, once again revised the purchasing prices for seedless raisins upwards. The new prices are TRY 55/kg for type 7 raisins, TRY 60/kg for type 8 raisins and TRY 65/kg for type 9 raisins. The price for type 10 and Thomson raisins is TR

View related articles

Go to the News Overview
Dried Fruit
Mar 11, 2025
MALATYA. The warm temperatures in the growing regions mean that the apricot trees will enter the flowering phase in the next few days. A new project is to investigate the effects of climate change on apricot cultivation in Malatya.
Dried Fruit
Mar 5, 2025
BRUSSELS/TEHRAN. As recent statistics show dates are enjoying a high popularity in Europe. Iran has apparently imposed a temporary export ban that is devoid of economic sense.
Dried Fruit
Mar 4, 2025
AYDIN. Warmer temperatures and rainfall have been reported for the coming days in Aydin. Growers have now disposed of their raw material stocks.
Dried Fruit
Mar 4, 2025
MANISA. Extreme weather in spring could become a problem for this year's crop in Manisa. Ramadan, meanwhile, means less trading activity.