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Hazelnuts June 25, 2020

The Turkish hazelnut market seems to be ‘on hold’ at the moment, waiting for clarity about the involvement of the TMO on the new crop. Rumors are spread about a potential buying price of the TMO at a much higher level than today’s market, trashing the incentive for crop holders to make a move right now. While pricing of most nuts is under pressure, it remains to be seen which path hazelnuts will follow keeping in mind that there are a few powerful parties in play.