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SUNROSE® MARKET NEWS (Back)
Sun Dried Tomatoes / Turkish Market Report 07/07/2011
The current crop sun dried tomatoes has
finished long time ago therefore all eyes turned into new
crop developments.
Unfortunately, the bad weather conditions are effecting new
crop sun dried tomatoes in a negative way. The continuous
rains and hails over the growing areas damaged the
plantation too much. Especially, the effective hails
destroyed almost all fields at Bergama region where a big
part of new crop sun dried tomatoes was growing. The
plantation has to be done again which will postpone the
availability of fresh tomatoes for sun drying by minimum 2
weeks time. Late arrival of fresh tomatoes to the market may
create high prices during July 2011.
We have forecasted fresh tomatoes price in the range of 0,20
– 0,25 TL/Kg levels before June 2011 however the picture is
changed so much due to heavy rains and hails at Izmir and
Manisa fields. Our estimation is revised as 0,30 TL/Kg at
the moment and we even couldn’t start offering new crop bulk
tomatoes yet due to continuous problems. There are four main
growing areas where Turkey gets %95 of the tomatoes crop
which are Bergama, Menemen, Manisa and Izmir. We usually
start with Bergama harvest for sun drying around 5th of July
every year however Bergama is totally destroyed this year
due to rains and hails therefore the first products will be
very expensive. In conclusion, 2 of 4 main growing areas are
heavily damaged at the moment. Turkey will have a limited
crop for the upcoming season again under current conditions.
The big heat difference between daytime and nighttime also
started some sicknesses in the fields which will effect the
new crop quantity in a negative way.
Ramadan will create some problems during August - September
2011 where all buyers will be expecting prompt shipments
from the new crop product. Everywhere in Turkey like
factories, ports, customs, etc... will be closed between
26.08.2011 and 05.09.2011 and the productions at the
factories will be very slow during August which will effect
the supply of the product to the market in a negative way.
All buyers are waiting for the cheaper new crop fruit comes
into the market during August therefore the slow supply of
the product may push the prices of the first shipments up.
US$ currency is increased to the levels of 1,63 against TL
this week. The subject level is supporting export prices in
a positive way so the tendency of the currency will have a
major effect on sun dried tomatoes prices in the coming days.
We usually start offering new crop sun dried tomatoes by the
beginning of June every year. However there are some
negative developments caused by the unsuitable weather
conditions on crop 2011 tomatoes therefore we decided to
start offering new crop tomatoes by the middle of July 2011
just to be able to give correct and logical prices to our
customers. Please wait for our new crop pricing to book our
usual businesses together.
We are also at your assistance for all your needs on “Oven
Roasted Semi Dried Tomatoes” as we are the market leader in
Turkey for this article.
Looking forward to hear from you soon.
Best regards,
Yasin Durmus
Managing Director
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