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

Published 2021년 4월 11일

Tridge summary

The President of the Turkey Union of Chambers of Agriculture (TZOB), Shams Bayraktar, has expressed concern over a significant price gap between manufacturers and the market in Turkey, which has reached up to eight times before Ramadan. He attributes this to speculative activities and calls for responsible behavior to prevent price hikes from affecting consumers. In an 8-day period before Ramadan, prices increased for 25 products, with cauliflower experiencing the highest increase at 25.87%. However, there was a decrease in the prices of 12 products. The highest price difference was in potatoes, selling eight times more in the market. Overall, the price increase in 33 products has been balanced by a decrease in the price of six products, with the highest increase observed in green peppers at 75.18%.

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

Original content

Noting that the manufacturer and the market price gap reached up to 8 times before Ramadan in Turkey Union of Chambers of Agriculture (TZOB) Chairman Shams Bayraktar, "the previous month manufacturer markets had risen to about 5 times the price difference. Because while our producers sell their products at low prices, our consumers consume them dearly. " used the expressions. 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. Bayraktar, who said that they will inform the public by following the producer and market prices during Ramadan, said, “The difference between the producer and the market prices reached 8 times before Ramadan. In the previous month, the price difference in the producer market increased approximately 5 times. Because while our ...

Source: Gidatarim