Raisins Crop news
At the present moment we are still harvesting and converting the grapes into raisins, all across the country from eastern regions of Ghochan all the way across to the west in Maragheh and Urumiyeh.
Except for two reports of rainfall near Ghazvin area and eastern Azerbaijan which has caused some minor damages, the whole conversion process has been reported to be in a very good condition. The process is anticipated to be over all across the map within three weeks regardless of the region.
The crop volume of raisins has been reported to be decent and above average in many areas except for the region of Hamedan (Located on west-side) which was hit by frost damages during wintertime. It is being forecasted that in total 10% increase in volume size in comparison to 2014 crop year and the total volume is estimated to reach 180,000 MT.
Market outlook and anticipations:
Raisins prices are likely to remain at the last year price levels which will give raisins and sultanas a great opportunity to compete with Turkish prices and claim bigger market share in North American and Australian Market.
Processing facilities are waiting for the new crop raisins to hit the local market within two weeks from today so they can start the process and shipments, as up to this moment not much of bulk raw material has been offered to the market.
Please stay Tuned for more updates and crop news.
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