The market for Turkish hazelnuts stayed relatively stable during the last two weeks. Most processors seem to feature enough stocks in order to cover their contracts for the nearby period. The snowfall which is covering a great share of the growing regions has triggered a lot of speculations regarding the new crop. Nearby forecasts are seen as the most important driver for assumptions at the moment, as the blooming is most vulnerable for weather extremes during this period of the year. Demand as per today seems to slow down, decreasing TL/KG prices are equalized by the USD/TL rate, keeping export prices more or less at the same level.
