We don’t see a lot of activity on the Turkish domestic market at the moment. The overall low availability keeps the market away from a relieve, short processors are covering hand to mouth via smaller calibres, larger sized kernels are mainly committed for Ramadan purposes. Suppliers appear to be (carefully) confident on the development of the new crop. Although weather conditions have proven themselves to be absolutely unpredictable in the past, the risk on frost is in the growing regions basically over. The mild temperatures this season allowed the crop to develop even further than usual for this time of the year. As a remark, some first rumours of potential insect damage were spread, but not generally confirmed (yet).
Copyright: globaltrading.nl 5-4-2018