Turkey's shock development in the price of hazelnuts

Published Nov 2, 2022

Tridge summary

The article reports a decrease in the price of levant quality hazelnuts bought by the Turkish Grain Board, which had briefly risen to 45 liras in the free market in Ordu before falling back to 44 liras on October 31st. The prices have been fluctuating horizontally since the start of the season, with variations based on yield. This price volatility has led to producer reactions.

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Original content

The price of levant quality hazelnuts, which the Turkish Grain Board continues to buy from 52 liras, fell again on the last day of October, after rising to 45 liras in the free market in Ordu. Following a horizontal course since the beginning of the season, hazelnut prices increased by 1 lira in the last two weeks, and some traders increased to 45 TL. The expectation that the rise would continue ended in disappointment on the last day of October. The 50-yield shelled hazelnuts, which started to fall shockingly in the free market in Ordu, are traded at 44 TL on Monday, October 31st. According to the yield, the prices are as follows; 50 yield 44.00 TL, 51 yield 44.8 TL, 52 yield 45.76 TL, 53 yield 46.64 TL, 54 yield 47.52 TL, 55 ...

Source: Findiktv