Turkey: The price difference between producer and market has quadrupled

Published 2021년 7월 2일

Tridge summary

In June, there was a noticeable fluctuation in the prices of various agricultural products both in the market and among producers, as highlighted by Şemsi Bayraktar, Chairman of TZOB. The market saw a drastic decrease in watermelon prices by 72.97%, while producers experienced a significant drop in watermelon prices by 75.18%. On the other hand, red lentils saw price increases of 65.08% and 9.15% in the market and among producers, respectively, due to scant supply and the end of the previous season. Other products such as potatoes, dried apricots, and olive oil also experienced price hikes due to various factors like drought, insufficient supply, and the approaching new season. The surge in prices for some products and the decrease in others are largely attributed to changes in harvest yields and weather conditions, particularly the exceptionally hot May weather reported by the General Directorate of Meteorology, signaling the severe impact of drought on agricultural production.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Bayraktar emphasized that the price difference between the manufacturer and the market in some products exceeded 4 times and continued as follows: "Watermelon is 4.4 times, onion is 4 times, eggplant 3.7 times, chickpea is 3.2 times, cucumbers and zucchini are sold to consumers for 3.1 times more. Watermelon, which is 34 cents, is 1 lira 50 cents, 41 cents onion is 41 cents. 1 lira is sold for 63 cents, 1 lira for 34 cents, eggplant for 4 liras, 54 cents, and chickpeas for 4 liras for 35 cents, for 13 liras for 93 cents. The price difference between the producer and the market is 341.18 percent, at most. Berries and onions are 297 percent. .56 percent, eggplant 266.13%, chickpeas 220.23 percent, and cucumbers 207.02 percent.” "THE HIGHEST PRICE INCREASE WAS SEEN IN CHICKEN, THE HIGHEST PRICE DECREASE WAS SEEN IN WATERMEON" Stating that the highest price increase was seen in chickpeas with 9.80 percent in June, Bayraktar said: "The price increase in chickpea was 9.76 percent in ...

Source: Haber7