📊 Market Overview: Hazelnut Prices & Trends

This week, the Turkish hazelnut market faced significant challenges, including political unrest, financial market disruptions, and extreme weather events, all of which heavily influenced market dynamics. Early in the week, prices slightly declined compared to the previous week, influenced by US tariff policies and ongoing protests. However, the Turkish Lira lost nearly four percent against the Euro due to these global influences. The situation escalated with weekend frosts potentially damaging crops, reminiscent of the 2014 crisis that spiked hazelnut prices to record highs.

📈 Key Market Drivers

• US tariff policies impacting global financial markets.
• Political unrest and economic instability in Turkey.
• Extreme weather events, particularly frost, threatening crop yields.

⛅ Weather Forecast – Eastern Black Sea Region

Current forecasts predict continued cold spells, which could further impact the already frost-damaged crops, potentially reducing yields and escalating prices further.

🔮 Price Forecast – Next 3 Days

📌 Conclusion & Strategic Recommendations

• 🛒 Buyers: Prepare for potential price hikes and secure supplies early.
• 🏭 Sellers: Hold on to your inventory in anticipation of higher prices.
• 📊 Traders: Watch for any signs of stabilization in the political and economic landscape that could affect market prices.