General Outlook
November 17, 2005
Current Exchange Rates ( 17.11.2005 – Central Bank
of Turkey, www.tcmb.gov.tr ) :
1 USD = 1.3520 YTL
1 EUR = 1.5820 YTL
1 GBP = 2.3372 YTL
Cumin Seed
Market stable in the last weeks. No significant changes to
report.
Anise Seed
Turkey out of the market with very high price levels. This
situation will continue due to regular domestic demand and
low crop quantity this season in Turkey.
Fennel Seed
Slowly on the rise as raw material left in the local market
is getting less and this has reflected in the price levels
with an increase of 10% in the last 2 months.
Blue Poppy Seed
Steady, no change for Blue. White and Yellow has always been
expesive from Turkey due to low crop quantity each season.
Fennugreek Seeds
Not available anymore. Crop was very limited and this product
becomes more and more of less interest for farmers to cultivate.
Competition with Indian Fennugreek and Turkish Fennugreek
is somewhat different in taste / colour. Much importers seems
to prefer the Indian origin.
Sesame Seeds
Stable for the time being. Most of the time a rise in price
level toward the 2nd half of the seasonafter March / April.
Sage
Different qualities available in the market. Only a good representive
sample will do and a check about the Volatile Oil levels of
the Sage is often given a good indication about the quality
of the product.
Laurel Leaves
Very firm these days and most exporters are admitting that
raw material available in local market is less. We predict
prices will continue to stay firm untill new crop 2006, only
availble in September. We kindly would like to remind buyers
that there are unfortunately exporters offering adulturated
material ( expecially for the Cut and Sifted qualities ),
mixed up with the so called `Mersin Leaves`. This may give
significant changes in price levels. Adulturated material
available between prices at US$ 1.300 – 1.800,-- !!!
Only a proffesional eye and lab-test may see and recognise
the adulturation. Please contact us for additional info on
this subject.
Sun Dried Tomatoes
Please contact us for your specific needs on this product.
Please do not hesitate to contact us should you require any
additional information about our products.
Mondial Int'l Agency Ltd.