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Market players stated that the number of producers who have already made an appointment at TMO had reached 6,500, and the amount of products with a license has reached 50.000 tons. The number of purchasing centres has increased to 11 in this context.

The purchase price announced by TMO is a threshold price determined to prevent market prices from falling. It is aimed that the markets will be formed above this threshold price, and other market actors other than TMO need to exceed the TMO purchase prices to purchase products. For this reason, it is constantly recommended that the farmers must not sell their products below TMO purchase prices.

The daily transaction at the Borse in Izmir is around 150 mt and are traded at 11.30 TL/kg for type nr.8 and 11.50 TL/kg for Type nr.9. but Tariş has still not started buying yet.

Most exporters now offer conventional sultana raisins at 1.650 Usd/mt for long-term contracts and 1600 Usd/mt levels for prompt shipments.

The growers of organic sultana raisins still withhold their products and expect higher prices. Organic Sultana Raisins type nr nine are offered at lower prices varying between 2.450-2.500 USD/mt on a FOB Izmir basis.

Export offer prices decreased slightly after the depreciation of the TL as the policy rate was reduced by 100 basis points to 18 per cent after the Turkish Bank Monetary Policy Committee meeting last Thursday. Today, the Turkish Lira reached the Usd/TL rate at 8.82 TL ( 8.68 last week) and Euro/TL rate at 10.32 TL levels ( 10.18 last week). Sea Freight prices to main European ports are at 60 Usd/mt levels currently.

Until 25 Sept 2021 were 22.825 mt, which was 21.257 mt last year during the same period. Turkey exported 6921 mt of sultana raisins the previous week, which was 6321 mt during the same week of the previous Season.

Sultana Raisins, Turkey, crop 2021
Type USD/kg
Type 8, Std. Grade A 1,60
Type 9, Std. Grade A 1,60-1,65
Type 10, Std.Grade A 1,90
Type nr .9 Organic, Std. Grade A 2,50
FOB Izmir
Seedless dried raisins exports on the mt basis
Season 2021/22 2020/21
Qty (mt) 22.825  21.257 
From the beginning of the Season

Source: Trade, etc.

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