Volatile Raisin Prices Shake Manisa Market Amid Unpredictable Weather
The raisin market in Manisa continues to be active. Prices are also very variable. Due to the heavy rains experienced one after another during the drying of the grapes and the fact that many farmers were affected by this situation, grape prices in the market were divided into two as rain-soaked grapes and quality grapes.
Farmers in Manisa are trying to sell their rain-affected raisin that they have reprocessed, of course at a lower price. This situation also causes market prices to vary regionally. Many producers were aiming for the dried grape price, which is currently around 3-4 dollars, to be 5 dollars by the end of December and the beginning of January, but this variability and the farmers' economic mood seem to affect this situation.
The increase in forward sales also affects this situation. The 9 number dry, which went up to 4 dollars/kg, was sold for 3400 dollars/t last week. The end of the year is approaching, it will be a little clearer in the coming months.
Click here to reach our trading platfrom CMBroker
Farmers in Manisa are trying to sell their rain-affected raisin that they have reprocessed, of course at a lower price. This situation also causes market prices to vary regionally. Many producers were aiming for the dried grape price, which is currently around 3-4 dollars, to be 5 dollars by the end of December and the beginning of January, but this variability and the farmers' economic mood seem to affect this situation.
The increase in forward sales also affects this situation. The 9 number dry, which went up to 4 dollars/kg, was sold for 3400 dollars/t last week. The end of the year is approaching, it will be a little clearer in the coming months.
Click here to reach our trading platfrom CMBroker