The Market Reports

TMO hit the market like a bomb. This early intervention of TMO was a surprise for everyone. In fact, there was no shortage of hazelnuts in the market. There was a stock problem and this early intervention worked for the stockists. But we will see if the free market will work with those announced figures...

If we look at the stagnation in the hazelnut market statistically, the export value made in January 2022 is 31,963 mt. This is the highest export value reached compared to the same month of the last 5 years. (For this reason, it is more correct to say that it is not very active rather than...

The hazelnut market has been stagnant for a long time. This recession is generally normal in these months. The stocks of the buyers are not finished yet, but they are gradually decreasing. Companies that determine when their stocks will run out seem a little demanding these days, but these demands are related to the future...

Export preparations for the first week of 2022 continue in the last week of the year. In the period when the exchange rate was at its maximum level (2 weeks ago), the uncertain effect created by the high hazelnut prices in TL continues to be reflected in the free market. Although the prices in TL...

Despite the low demand, hazelnut prices reached an all-time high in TL terms in the fastest way due to high inflation caused by the depreciation of the Turkish Lira. In the past weeks, the rise in the exchange rates suppressed the export prices despite the increase in the prices in TL, but for a few...

The unfortunate events in the money market this week led to a crisis in Turkey. The sudden fluctuation in the exchange rates caused massive inflation and a complete uncertainty covered the hazelnut market. Last week, 13-15 mm hazelnut kernels, which had a seller of 53 TL in the domestic market, had a seller for 55...

As New Year’s Eve approaches, the hazelnut market has started to calm down a bit and TL prices are stabil. The depreciation of the Turkish lira is increasing. As we stated in our report last week, the effects of the FED’s announcement that it will gradually reduce its bond purchases are a factor in this....

There is a high demand for hazelnuts, but due to the instability of the Turkish Lira, the seller is not always easy to find in the domestic market. Many companies are aware that when TMO reaches a high stock amount (+100.000 MT), they will have to purchase raw materials from TMO at much higher prices...

The surprise decision of the Central Bank yesterday created a shock effect on the market. After the interest rate cut by the Central Bank, the Turkish Lira started to lose value again against the exchange rate and continues to lose value rapidly. After the Central Bank's decision yesterday, there was a decrease in sellers' willingness...

Hazelnut prices, which have been at low levels in the free market for a few weeks, started this week with a slight rise. With Ferrero's repurchase orders to its suppliers, free market prices rose in TL terms. However, this upward effect on TL basis has no significance due to the record increase in USD/TL value....

Ferrero has stopped buying hazelnuts in shell and continues to buy only hazelnut kernels. A price of 49.5 TL has been announced for 11-13 mm hazelnuts. Since the purchases were made in combination, the price difference between the calibers was not disclosed. The price announced by Ferrero for hazelnuts indicates the ceiling price. The ceiling...

Hazelnut prices, which were at the lowest level in the previous weeks, increased a little this week. However, this rise was faced with the pressure of the Turkish Lira index, which started to lose value today. Ferrero and TMO continue to purchase hazelnuts rapidly without any problems. Buying hazelnuts quickly without any problems prevented the...

Ferrero announced the purchase price in the free market as 25 TL. After Ferrero's announcement, prices gained a downward movement. Main suppliers cannot easily sell hazelnuts to Ferrero, which has changed its purchasing policy and expanded its supply network. This causes the supply in the free market to increase rapidly and may increase the possibility...

Farmers had a hard time (drying the hazelnuts) due to the weather conditions, especially in the Ordu region. Hazelnuts, which started to be collected early in low altitude areas, were kept covered in the drying areas. This is a very risky situation for the quality of hazelnut. It can affect the percentage of rotten rates...

Hazelnuts collected in low-altitude areas gradually began to reach the free market. These days, when prices are starting to take shape, there are concerns about the quality of the product that will come to the market. The weather in Turkey has not been favorable for drying hazelnuts so far, which could influence quality. The poor...

After a long wait, the prices were finally announced. For the 2021 hazelnut season, TMO's purchase prices have been determined as 27 TL for Giresun quality and 26.5 TL for levant quality. Despite the high price expectations for weeks, the announced price was in line with the expectations of exporters. An increase of 20 percent...

While the new season price is expected to be announced with the visit of President Erdogan these days, there are delays due to the extraordinary situations in the country. Hazelnut harvest will start on August 7th, but the purchase price of TMO is still uncertain. This uncertainty causes the debate on the recount result to...