Marktinfo
market-update No. 03-2022 Bulgarian sunflower seed
2021-01-11 | Save the opportunity
In December 2021, Eastern European oil crushers slowed down the oil crushing output and cut the raw material orders from the framers. As a result, we see a temporary price dip in the raw material. Our shipper reviewed his position and realized that all sales are covered, and he has no long position—consequently, he can quote now on the lower material prices. Recently, we have sent you our revised offer accordingly.
In December 2021, Eastern European oil crushers slowed down the oil crushing output and cut the raw material orders from the framers. As a result, we see a temporary price dip in the raw material. Our shipper reviewed his position and realized that all sales are covered, and he has no long position—consequently, he can quote now on the lower material prices. Recently, we have sent you our revised offer accordingly.
market-update No. 100-2021 Turkish Sultanas
2021-12-22 | Our Turkish shipper offers to all of our frequent buyer's sultanas on last week levels
Since yesterday the quotes went up because of the relaunch of Turkish Lira. The Turkish Lira recovers since Erdogan’s Monday speech from TRY 16,4185 to TRY 12,3326 for 1 USD.
Since yesterday the quotes went up because of the relaunch of Turkish Lira. The Turkish Lira recovers since Erdogan’s Monday speech from TRY 16,4185 to TRY 12,3326 for 1 USD.
market-update No. 99-2021 sultanas
2021-12-21 | Our Turkish shipper withdraw all offers with immediate effect
Yesterday evening, President Erdogan held a speech and declared that the Turkish government would compensate all revenue losses for import companies and protect private savors from the devaluation of the Turkish Lira. During the speech, the Lira improved by 22 % from TRY 18,00 for 1 USD up to TRY 14,00. The Turkish Lira continued the rally during the night and quoted TRY 11,00 for 1 USD. This morning we are at TRY 12,08 for 1 USD.
Yesterday evening, President Erdogan held a speech and declared that the Turkish government would compensate all revenue losses for import companies and protect private savors from the devaluation of the Turkish Lira. During the speech, the Lira improved by 22 % from TRY 18,00 for 1 USD up to TRY 14,00. The Turkish Lira continued the rally during the night and quoted TRY 11,00 for 1 USD. This morning we are at TRY 12,08 for 1 USD.
market-update No. 97-2021 Turkish sultanas + raisins
2021-12-16 | Turkish central bank lowers interest rates by 100 basis points down to 14%
Turkish Central Bank on Dec. 16 has lowered the 1-week repo rate by 100 basis points to 14%, in accordance with the market expectations. The Turkish central bank blamed consumer price increases on "developments in exchange rates and supply-side factors such as the rise in global food and agricultural commodity prices, supply constraints, and demand developments."
Turkish Central Bank on Dec. 16 has lowered the 1-week repo rate by 100 basis points to 14%, in accordance with the market expectations. The Turkish central bank blamed consumer price increases on "developments in exchange rates and supply-side factors such as the rise in global food and agricultural commodity prices, supply constraints, and demand developments."
market-update No. 96-2021 sunflower kernels
2021-12-13 | Oilseeds: World Markets on Trade 2021
The USDA published its latest oilseeds report on 09 December 2021. It summarised the market situation as follows:
The USDA published its latest oilseeds report on 09 December 2021. It summarised the market situation as follows: