– As expected, there is some confusion over forward pricing, although the fundamental trend is for prices to eventually settle at lower levels than they are today, over the second half of 2018
– Californian raisin pricing has firmed further since our last report and looks set to worsen as the season progresses. The impact of this short Californian crop has been building, along with increasing pricing in recent months.
– Turkish apricot prices have continued to firm since the start of the new crop last Sep-Oct ’17. The interesting factor behind this seemingly unstoppable upward price trend is that this is a really large crop yet prices still show no sign of stability or correction.
Mark Setterfield – Feb 2018