Hazelnut prices in Turkey

Published 2022년 7월 9일

Tridge summary

Since 2009, hazelnut prices in Turkey have been set in a free market environment after a long period of fixed pricing. The current pricing is managed by the Trade Development and Cooperation Agency (TMO) to ensure fairness to producers and to stabilize the market. The prices fluctuate daily due to the supply-demand balance and weather conditions, leading to higher prices in years with lower production. Compared to free market prices, TMO's prices are usually higher and can vary based on the hazelnut variety. The article provides a summary of hazelnut prices from multiple sources to help traders understand the current market trend and make informed decisions.

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

Original content

Hazelnuts, which have been purchased from the producer for a long time with the fixed price policy determined by the state, have been traded under free market conditions since 2009. While hazelnut producers on the seller side do not change, besides FISKOBIRLIK and traders, in recent years, TMO has been purchasing hazelnuts on behalf of the state and determining the free market hazelnut prices. Hazelnut prices may change every day. The main factor in these changes is the supply-demand balance. Hazelnut, which is an agricultural product, is very affected by weather conditions and natural factors during the production phase. As it can be understood from the world hazelnut production list below, when both Turkey and the total figures are considered, the world hazelnut production varies. World Hazelnut Production The variability in hazelnut production figures above causes variability in hazelnut prices and hazelnut prices increase in years when production decreases such as frost, flood ...

Source: Findiktv