Subdued demand and a fragmented supply structure are keeping transaction volumes thin, which prevents effective price discovery.
Key data regarding prices and market balance include: Price Movement: Following the peak prices reached during the "seasonal tightening" period, the market has entered a phase of **gradual price adjustments. Export data confirms that despite a 50% drop in tonnage, the 24% decline in revenue indicates that unit prices remain elevated.
Market Equilibrium and Supply-Demand Status Imbalance: The market is currently not in equilibrium; demand is largely prompt-driven, and forward commitments are limited. Weak Supply: Sales from producers and wholesalers remain very weak and irregular. There is not only a restricted supply but also a **lack of consistent flow across the market.
Giresun Supply Concerns: Market talk suggests that approximately two-thirds of the Giresun crop has already been traded, raising concerns about tighter availability in the coming months. Quality Impact: Although major industrial buyers have made purchases, some lots have returned to circulation due to quality-related rejections, contributing to a softer sentiment.
Future Outlook Climate and Crop: The flower counting process in March, along with frost sensitivity risks during March and April, are being closely monitored for the 2026 crop potential. Market sentiment could change rapidly in the event of adverse weather.
In summary, a "wait-and-see" policy prevails, with both buyers and sellers awaiting clearer signals from new season data and weather developments.
