Expana proposes to launch Turkish Diced Apricot Expana Benchmark Prices

Expana proposes to launch Turkish Diced Apricot Expana Benchmark Prices

October 23, 2024

Expana is proposing to launch four weekly Expana Benchmark Prices for Turkish-origin diced apricots, 5x8mm, and is collecting feedback from market participants until Wednesday, 13th November, 2024. If the industry supports this proposal, Expana suggests launching these assessments on Wednesday 4th December, 2024.

The proposed specifications for these assessments would be:

The proposed assessments would reflect the transactable value at 16:00 London time.

Turkey is the largest producer and exporter of dried apricots. Dried apricots are extensively traded in diced form due to their versatile use across the food industry in biscuits, cereal bars or breakfast cereals and muesli.

The proposed assessments would complement Expana’s existing coverage of Turkish-origin dried apricots no.4.

These assessments would also offer Expana’s subscribers a comprehensive market view of a widely used food ingredient, essential to manufacturers in the snacking, bakery, and confectionery sectors.

Please send any feedback on this proposal to [email protected] by Wednesday, 13th November 2024, and clearly state which market note your comments relate to, and if comments are intended for publication by Expana.

Expana will acknowledge receipt of all comments by email.