Raisin prices rise 28 per cent due to severe weather in Turkey

Will Green is news editor of Supply Management
26 August 2015

Turkish raisin and sultana prices have increased following a lower crop forecast for this season.

According to Mintec, prices hit $2.50/kg in August, an increase of 28 per cent on August 2014 when they were $1.95/kg, and up on May’s price of $2.30/kg.

Turkey and California in the US are the world’s biggest raisin growers and last year Turkey produced 328,000 tonnes of dried grapes, but this is predicted to drop 39 per cent to 200,000 tonnes in 2015.

The anticipated shortfall was blamed on frost in April and hailstorms in June, which damaged the crop.

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