Apricot Market Update June 2024

Apricot Market Update

Brusco has published its latest Apricot Market update for June 2024.

The update highlights that there is good news on the Turkish Apricot pricing as yields are looking positive compared to 2023, which should see an improvement in pricing.

The update picks out a number of market highlights including:

  • Other than a small amount of frost damage, there have been no major weather impacts to date in Malatya (Brusco’s source) or the Manisa province further west.
  • Larger sizes 2’s & 3’s will be up, and the overall yield is estimated to be in excess of 100,000mts, possibly approaching 110-120,000mts, double the realised 2023 tonnage.
  • 2023 Apricot prices have been high in recent months due to dwindling stocks of raw material at the end of the season, with prices reaching 200K TL/6,190/USD/mt (USD/TL 32.30), however prices decreased sharply to around 150K TL, as the crop predictions looked good.
  • 2024 contract pricing will be available soon and we are optimistic for more “palatable” pricing this season.

We are encouraging customers to talk to the team today, discuss your volumes & schedules, we can arrange FCL’s direct to your warehouse, call-off contracts and pallet load deliveries.

For further information, view the full apricot market update document here.

To contact the team, phone 01386 761555 or email enquiries@brusco.co.uk

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