On-the-Ground Update

Sharp Decline in Indian Soy Lecithin Prices in Turkiye Due to Low Demand During Ramadan

Food Additives
Soy Lecithin
India
Turkiye
Gokce Yayimli
Published Mar 29, 2023
Due to the stagnating demand caused by the start of the month of Ramadan in Turkey, the soy lecithin prices from India have dropped from USD 5,000/MT CIF Mersin before Ramadan to USD 3,800-4,000/MT range CIF Mersin in W12.

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