Turkey: Producer-market price difference reached 8 times before Ramadan

Published 2021년 4월 9일

Tridge summary

The Turkey Chambers of Agriculture Union (TZOB) has raised concerns over the significant price increases for essential food items ahead of Ramadan, with the price difference between producers and the market reaching up to 8 times. The highest price increase was in cauliflower at 25.87%. TZOB has called on all segments to behave responsibly and not to speculate, as the coronavirus pandemic already impacts market stability. In the 8-day period leading up to Ramadan, there were no price changes in 15 products, decreases in 9, and increases in 8. The highest price difference between the producer and the market was 695.45% for potatoes and 532.14% for dried onions.

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Original content

Before Ramadan manufacturers evaluating the market price Turkey Chambers of Agriculture Union (TZOB) Chairman Shams Bayraktar, more Ramadan said it showed that without entering in prices experienced an increase of the start of speculative activity asked Ramadan to be an opportunist. Stating that they will inform the public by following the producer and market prices during Ramadan, Bayraktar said, "Before Ramadan, the price difference of the producer and the market reached up to 8 times. The price difference of the producer market increased about 5 times in the previous month. Because our producers sell their products at low prices, our consumers consume them dearly." he spoke. Stating that Ramadan will be realized during the coronavirus process this year, Bayraktar said, "For this reason, all segments should behave with common sense, and speculators who want to play with the bread of our people should not be given the opportunity." used the expression. Şemsi Bayraktar stated that ...

Source: TRBloomberg