The big question is that nobody can find out how many fields where seriously cultivated and how many where just cultivated on a low-cost way with very low yields.
For the last ten days several Turkish intermediates have been traveling in Greece trying to by some quantities. However, it seams that very limited quantities were sold, as the prices they were paying were not close to the ginner's asking levels.
So far the committed quantity should be close to 30,000 tons (biggest percentage in merchants' hands) while last season we were at about 60-65,000 tons. At the same time some old crop stocks are being offered or sold in our market at levels of 145-147 c/kg FOT depending on quality.
Thrakika Ekkokistiria S.A.
marketing@alchempro.com
