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Latest From Andrew Ciclitira
The past week has seen an increase in the price of Turkish sultanas as local packers struggle to find raw material.
Early reports from South Africa suggests that this year’s vine fruit crop will be between 50,000-65,000 tonnes. The harvest is reported to be about one month away and weather conditions have so far been good.
The new year begins with reports from leading producers of steady vine fruit prices from Turkey. Exports of Turkish sultanas and raisins up until the end of December 2017 have reached 105,242 tonnes at an average fob price of USD1,550 per tonne.
Sources in Izmir Turkey report that between 5,000-6,000 tonnes of sultanas and raisins have been exported each week from Turkey for the past few weeks.
Dried fruit markets have quietened down over the past week as Europe begins to get ready for the seasonal break. This year, the shortage of Greek currants and, more recently, Californian raisins has created a strain for UK dried fruit importers.
As the close of the year approaches, thoughts turn to supply in the coming months before the new crop of dried fruits are harvested next summer.