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Hazelnut September 20, 2019

The course of the Turkish hazelnutmarket strengthen earlier this month due to – a moment of – poor availability for new crop shipments demanded by export markets. The flow of product available for export markets depends on the moves of the TMO and the largest buyer, which are absorbing a substantial part of the crop. The rapid pace at which they purchased a first part of the crop resulted in a tight situation on the export market. Recent reports about large intakes and decreased buying prices of the largest user might bring availability for the export market back in balance.