Turkey: Dubai chocolate effect on pistachios

The most affected by the disruption of the supply-demand balance in the market due to the increasing need for pistachios were baklava and pistachio dessert producers. Baklava producers, who supplied pistachios for an average of 900 liras per kilo last week, purchased pistachios for 1,300 liras this week. While producers reduced baklava production, sales also dropped by 40 percent. BAKTAD Board Member Mehmet Ali Taşdemir said, "There has been an artificial increase of approximately 25 percent on average in prices in the last 1.5 months. The yield was very high recently, pistachios, which were 800 liras - 900 liras this year, have now seen the 1,200 band again. Our stocks are quite full right now, the warehouses are still full of pistachios. Our request is; do not give room to those who invest money and stockpile, who are opportunists." Dubai chocolate, which has become popular all over the world with the influence of social media, has increased the demand for pistachios, one of its ...