Turkish lentils survive drought scare and the potential of a new Syria/
An update on Turkish pulses in 2025

Mehmet on changes to trade in 2024/25

• The most significant dynamic that stands out this year is the absolute disappearance of trading demand. High interest rates combined with ample supply is creating either flat or bearish prices, resulting in hand-to-mouth supply building by processors and re-exporters. 

• Since this years’ demand is formed by consumptive demand, I am seeing significant consolidation in the buyers and sellers. The revenues are similar but the number of buyers and sellers creating this volume is decreasing. If last year we were selling 10 units to 5 customers, this year we are selling 10 units to 3 customers. I think in 2025 we will continue to see similar dynamics.