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Turkey Hazelnut Price Is in the Lowest Point, Golden Chance to Buy and Sell

Raw Hazelnut
Price Trend
Jun 2, 2022
Written by
Caroline Le Foll
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Despite Erdoğan’s assurances that inflation would improve after May, the Turkish lira has lost ground in recent weeks. The local currency was even devalued by more than 20% immediately after treasury and finance minister Nureddin Nebati suggested that the lira had reached its lowest point. High inflation coupled with Erdogan’s unorthodox interest rate policy, nevertheless, presents a bizarre opportunity for speculators. Suppliers have also issued cautious offers for the new crop of hazelnuts.
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