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Market players informed that the markets are pretty nowadays. The number of farmers making an appointment with TMO to deliver their goods is still high. The main reason is that prices on the market are ower as expected. Today, type nr. 9 is traded at 11.50 TL/kg at the Commodity Exchange in Izmir, which is 1.50 TL/kg less than TMO’s price.

Exporters are offering conventional sultana raisins at 1.600 Usd/mt for long-term contracts and even at 1500-1550 Usd/mt levels for prompt shipments due to the depreciation of the Turkish Lira.

Organic Sultana Raisins type nr. 9 are still offered at 2.450 USD/mt on a FOB Izmir basis. Market players also informed that buyers expect lower prices but that the lowest price level has been reached.

Today, the Turkish Lira noted the Usd/TL rate at 9.00 TL ( 8.85 last week) and Euro/TL rate at 10.41 TL levels ( 10.26 last week); fluctuations continue daily.

Until 09 Oct. 2021 were 34.785 mt, which was 33.909 the previous year during the same period. Turkey exported 6425 mt of sultana raisins last week, which was 6225 mt during the same week of the previous Season.  

Sultana Raisins, Turkey, crop 2021
Type USD/kg
Type 8, Std. Grade A 1,50
Type 9, Std. Grade A 1,50-1,55
Type 10, Std.Grade A 1,75
Type nr .9 Organic, Std. Grade A 2,45
FOB Izmir
Seedless dried raisins exports on the mt basis
Season 2021/22 2020/21
Qty (mt) 34.785  33.909 
From the beginning of the Season

Source: Trade, etc.

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