Some Turkish crops have suffered from adverse weather conditions, with April frosts and hailstorms in June damaging production of sultanas and raisins. This has pushed up the cost of both ingredients by about a third year on year, with prices continuing to rise.
Turkish supplies of hazelnuts remain tight but have fallen month on month. It is yet to be seen whether April frosts in the country had a big impact on this year’s hazelnut production.
The raised prices for hazelnuts - and for almonds - has increased demand for cashews over the past year and driven prices up by about a fifth year on year.
Dried apricot prices have come down from the peaks reached last year when supply was reduced as a result of frost in March that affected blossoming trees.
Despite the financial turmoil in the country, prices of Greek currants continue to fall as a result of plentiful supplies.
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