Turkish hazelnut market continues to be stagnant in the free market

Published 2022년 11월 3일

Tridge summary

The stagnation in the hazelnut market continues with no change in prices in the free market in Ordu, trading between 44 and 44.50 TL for hazelnuts with 50 yields. The Turkish Grain Board will cease the appointment system for hazelnuts by the end of November, and the TMO will end its hazelnut purchases by the end of December. So far, the TMO has purchased 150 thousand in-shell hazelnuts from over 50 purchasing centers. There are concerns among producers about the potential impact on the market when the TMO stops purchasing hazelnuts, with fears that prices could drop below 40 liras in traders. AK Party Giresun Deputy Cemal Öztürk expressed satisfaction with the current hazelnut policies and the Turkish Grain Board's management of the market at the Parliamentary Plan and Budget Committee.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The hazelnut market continues to be stagnant in the free market. In the free market in Ordu, the price of hazelnuts with 50 yields remains unchanged today, trading between 44 and 44.50 TL. Turkish Grain Board will close the appointment system for hazelnuts on 30 November. TMO will end its hazelnut purchase as of 31 December. TMO has so far purchased 150 thousand in-shell hazelnuts from more than 50 purchasing centers. Hazelnut producers are already wondering what will happen to the market when Toprak Mahsulleri stops buying hazelnuts. Producers, who say that the free market is 7-8 liras below TMO even during the period when TMO continues to buy hazelnuts, are worried that the price of hazelnuts will fall below 40 liras in traders after TMO stops buying hazelnuts. MEP ÖZTÜRK TALKED ABOUT HAZELNUT AK Party Giresun Deputy Cemal Öztürk made statements about hazelnuts at the Parliamentary Plan and Budget Committee, where the 2023 budget of the Ministry of Agriculture and Forestry and ...

Source: Findiktv