Turkey: Candy is at the stockist, they pulled it from the market shelf

Published 2022년 4월 21일

Tridge summary

Turkey's largest sugar stockists are planning to increase the price of sugar to up to 20 liras in anticipation of the Ramadan Feast, despite there being enough sugar in the country. The stockists are currently holding onto the sugar, selling it at higher prices due to panic and panic. The export and import of sugar is prohibited, but sugar is being exported as a processed product, leading to a deficit and market imbalance. It is recommended that stockists use an import card for sugar and that the missing part of the domestic need should be met through imports. There is a supply problem in sugar, with the most demanded candy not available on market shelves.

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

Original content

The first move of stockists, who took action in sugar after sunflower oil, failed with Türkşeker's launch of products. However, sugar stockists are preparing to turn the approaching Ramadan Feast into an opportunity to raise the price. According to the information received from the sector officials, Turkey's 20 largest stockists do not knowingly put on the market the sugar they collect from 8-10 liras. Thus, it was claimed that the stockists aimed to raise the price of sugar up to 20 liras. THERE ARE ENOUGH PRODUCTS While the producers stated that Turkey has enough sugar in their hands, the stockists who do not put products on the market alarmed the citizens. Noting that stockists sell products at higher prices due to the panic atmosphere created, the sector officials said, “Normally, the ex-factory price of sugar is 9 liras. It needs to be sold to the citizen for a maximum of 11-12 with packaging and shelf costs. But 20 stockists are trying to increase the price by holding this ...

Source: Haber7