Hazelnuts - Balsu Market Report 16.11.15
The Balsu Weekly Market Report (Week 11 November 2015) << Click here for the full PDF report
The Balsu Weekly Market Report (Week 11 November 2015) << Click here for the full PDF report
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Yesterday afternoon the Turkish Exporters union announced their final estimate for the 2015 Turkish crop at 733,243 mt in shell this is up from the 683,000 mt they had made in the spring. This is very good news and will be welcomed by manufacturers who have had to endure the most difficult last twelve months. […]
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TURKISH HAZELNUT MARKET “Powdery mildew” in hazelnuts: Chamber of commerce in Altinordu, Metin Akyurek, said that it is very likely there would be loss in 2015 hazelnut crop since it is affected by “powdery mildew” disease that is white, powdery spreading patches of fungus on upper or lower leaf surfaces, flowers and fruit. Akyurek said […]
TURKISH HAZELNUTS Hazelnut prices have weakened just under 6% in Turkish lira terms over the last two weeks, they have dropped from a record high of 42.5 TL / kilo raw kernels on 21st May to 40 TL today. In US$ terms the decrease has been even more marked at just over 7%. Sizable fluctuations […]
The exporters union are saying that they believe that any damage due to the weekend frosts will be limited to bushes over 900 m, they come to this conclusion by looking at the flowers. If this is correct and we also believe the same, then damage will be minimal maybe 15-20,000 mt but again no […]
Market update Looks like a slightly better crop coming but unlikely prices will crash and burn on the current crop as there is still some major end users searching the market for good quality raw materials. The market is looking easier as more sellers appear as the frost risk disappears. It’s still unclear if 2014 crop stocks […]
The Black sea exporters union have just announced their flower count giving a theoretical potential for new crop at 664,000 mt which is below average but not a disaster. The positive aspect is that in any case there was no expectation for big crop and this count shows that an average crop is possible.
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