Turkish Dried Figs Hold Steady as Summer Weather Turns Supportive

Turkish dried fig prices are flat but well-supported, with a stable forward tone as warm, dry weather in Malatya underpins quality expectations and sellers resist discounts on remaining stocks. Dried fig offers ex-Malatya (FOB, Turkey) have been unchanged for several weeks across both natural and Lerida types, suggesting a balanced spot market with limited nearby pressure. Exporters report comfortable coverage and are in no rush to move remaining 2025-crop volumes aggressively, while buyers show selective interest ahead of new-crop indications later in the summer. In the short term, steady domestic macro conditions and seasonally firm Ramadan–summer retail demand in key MENA and European markets are likely to maintain a sideways to mildly firmer price bias, especially for larger sizes.

Prices & Spreads

FOB Malatya prices for Turkish dried figs are currently stable across the board, with natural types commanding a clear premium over Lerida. Larger sizes trade at the top of the range, reflecting tighter availability and stronger demand from EU and premium retail buyers. The price structure shows no sign of immediate downward correction.

(USD prices from the export market converted at an approximate rate of 1.08 USD/EUR.)

Supply, Demand & Weather

In the main growing and packing area around Malatya, weather over 11–13 June is forecast to be mostly sunny and seasonally warm, with daytime highs around 29–31°C and lows 15–17°C, and no significant rainfall expected. Such conditions are favourable for orchard development and drying potential later in the season and do not pose a short-term threat to supply.

On the supply side, remaining exportable stocks from the current crop are moderate rather than burdensome, with many packers well sold on key sizes and qualities. Demand from Europe and the Middle East remains steady, supported by ongoing retail programs and stable consumer prices in destination markets. With no fresh weather or logistical shocks in Turkey in recent days, the physical market has little impetus to break lower, especially as sellers monitor currency moves and domestic cost inflation.

Market Fundamentals & Risks

• Stocks: Carry-out appears manageable; no evidence of heavy unsold volumes that would force aggressive discounting.
• Currency & Costs: Local inflation and handling costs keep exporters cautious about cutting offers, especially on premium sizes.
• Weather risk: Near-term forecasts are benign, but market participants will continue to watch for any heatwaves or storms that could impact fruit sizing or quality later in the season.
• Demand pattern: Stable EU/MENA demand with selective spot buying; most large buyers are covered for the very near term.

Trading Outlook (Next 1–2 Weeks)

• Importers/roasters: Use the current sideways market to top up nearby coverage on preferred sizes rather than waiting for potential new-crop risk premiums.
• Retail packers: Lock in volumes for Q3 promotions on higher grades where availability is already tightening; price downside looks limited short term.
• Producers/exporters: Maintain offer discipline on premium natural figs and Lerida 1–3; consider small tactical discounts only on slower-moving smaller sizes if liquidity thins.

3‑Day Regional Price Indication (FOB Malatya, TR)

• 12–14 June: Dried figs (all main sizes, natural & Lerida) – prices expected to remain broadly unchanged in EUR terms, with a mild upward bias for larger natural sizes if additional export inquiries emerge.