December- Turkey Records Rise in Weekly Sultana and Raisin Exports to UK

Exports of Turkish sultanas and raisins have reached 77,635 tonnes from September 1-December 1, slightly down on the 83,311 tonnes shipped in the same period last year, and reflecting the slight increase in prices for the 2017 crop.

Prices of Turkish sultanas remain broadly unchanged over the past week at between USD1,450-1,550 pmt fob Izmir for specially cleaned standard No.9 sultanas. These continue to be good value when compared with the present high prices of raisins and currants and this must result in an increase in demand and a possible firming of prices in the new year.

Available offers of Turkish raisins are limited, with many local exporters struggling to find raw material to meet existing contracts. Where offers can be found, prices are now well in excess of USD 2,000/tonne fob Izmir, which is a big difference from the price of sultanas. Available stocks of darker coloured sultanas such as type No.7 and type No.8 are also limited and this year, may command a premium in price over the better grades.

European buyers might need to look for alternative origins in the coming months to satisfy customer requirements and China, Iran and Uzbekistan are possible alternatives.