On-the-Ground Updates

Soy Lecithin Prices Remain at Record Highs in Turkey in W9

Soybean

Gokce Yayimli

Published Mar 1, 2023

Non-GMO soy lecithin, which was usually priced around USD 2,000-2,500/MT CIF Mersin before the Russian war with Ukraine started, skyrocketed to USD 5,000/MT after the start of the war. The prices remain stable at this level, and the price gap in the market starts to increase as time passes. In W9, Turkish buyers note that they are quoted as low as USD 4,500/MT CIF Mersin and as high as USD 7,000/MT CIF Mersin for Indian-origin non-GMO soy lecithin.

What to read next

On-the-Ground Updates

Significant Drop In Adriatic Cuttlefish Prices in Italy Driven by Seasonal Opening

Giselle Landaeta · Apr 15, 2024

On-the-Ground Updates

Argentina's Red Shrimp Fishing Volumes Remained Low in W14

Gonzalo Estevez · Apr 12, 2024

On-the-Ground Updates

Egyptian Valencia Orange Demand Surged Amid Reduced Market Supply

Stelamari Ito · Apr 12, 2024

On-the-Ground Updates

Argentinian Garlic Prices Declined in Brazilian Market During W14

Stelamari Ito · Apr 12, 2024

On-the-Ground Updates

Shortage of Atlantic Salmon in Chile Market Sparks Supply Challenges

Victor Valdes · Apr 12, 2024

Read more relevant content

Combatting Citrus Greening in Brazil: Innovative Solutions and Agricultural Advancements

Mzingaye Ndubiwa · Apr 18, 2024

Netherlands: help for setting up young livestock producers

3tres3 · Apr 17, 2024

Senasa safeguards national pig farming for the benefit of 400,000 producers

AgroPeru · Apr 17, 2024

Peruvian agro-exports seek to continue the path of growth

AgroPeru · Apr 17, 2024

Brazil: record soybean exports in the first quarter

3tres3 · Apr 17, 2024

Lima: XXVI Fuerte Palta Festival will boost the economy of Santa Eulalia producers

AgroPeru · Apr 17, 2024

Austria: authorization to export meat products to China

3tres3 · Apr 18, 2024

USDA Report: Predicted Decline in World Pork Production

3tres3 · Apr 18, 2024

By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.