Last Friday's severe black frost in Türkiye has led to catastrophic damage to the apricot crop, particularly in Malatya, the hub of apricot cultivation. With temperatures plummeting to -12°C, up to 90% of the crop has been potentially destroyed, sending shockwaves through the market. This report delves into the immediate effects on trade, price trends, and the broader implications for global apricot supply.

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📊 Current Market Prices

📉 Market Impact and Drivers

• Severe crop damage in Malatya is expected to drastically reduce supply levels.
• Traders and farmers are withholding stock, likely leading to significant price increases.
• Similar damage reported in the hazelnut sector could compound regional agricultural losses.

⛅ Weather Forecast – Malatya Region

Continued cold spells are expected, which could hinder any recovery efforts for the surviving crops. Immediate weather relief is not anticipated, maintaining high risk for further crop damage.

🔮 Price Forecast – Next 3 Days

📌 Conclusion & Strategic Recommendations

• Traders should monitor the situation closely and adjust their positions accordingly.
• Buyers need to secure supplies at current prices before further increases.
• Producers should assess damage and consider possible recovery strategies or financial hedges.