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Nutella maker in hazelnut stand-off with Turkish dealers

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68 points bookofjoe | 1 comments | 01 Nov 25 12:20 UTC | HN request time: 0s | source
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jongjong ◴[01 Nov 25 20:23 UTC] No.45784993[source]▶
The Turkish nut dealers will cave in first once their pantry at home runs out of Nutella.
replies(1): >>45785294 #
bayindirh ◴[01 Nov 25 20:59 UTC] No.45785294[source]▶
We have a lot of local alternatives, some with better taste and better ingredients (e.g.: no palm oil).

On the other hand, the nut dealers can make theirs at home if they want to.

replies(1): >>45785726 #
jeroenhd ◴[01 Nov 25 21:49 UTC] No.45785726[source]▶
With Fererro buying up a quarter of the world's supply in hazelnuts and two thirds of the world's supply coming out of Turkey, I think a lot of farmers won't have the money to make their own spreads if they lose the Italians as a customer.
replies(2): >>45785739 #>>45785802 #
1. bayindirh ◴[01 Nov 25 21:50 UTC] No.45785739{3}[source]▶
We have other companies which buy the supply, too.

So, IDK ;)

P.S.: As farmers need money, Ferrero needs the nuts. It's complicated.