Turkey has returned the duty on the import of sunflower and unrefined oil

게시됨 2023년 6월 3일

Tridge 요약

Turkey has reintroduced import duties on sunflower and unrefined sunflower oil, at 27% and 36% respectively, to safeguard local farmers from cheap imports before the new sunflower crop is harvested. The duties were previously removed in January to combat inflation. The US Department of Agriculture forecasts that Turkey's sunflower crop will decrease to 1.75 million in the 2023-2024 season.

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원본 콘텐츠

The government of Turkey has decided to return the duty on the import of sunflower to the level of 27% from June 1, and for unrefined sunflower oil to 36%, the electronic publication APK-Inform reported, citing its sources among market participants. The government believes that the measure will make it possible to protect local farmers from cheap imports in the period before the new sunflower crop is harvested. Tariffs on sunflower imports and the oil they produce were lifted in early January to curb Turkey's high rate of inflation despite a record crop of 1.9 million tonnes harvested last year. Before the introduction of zero rates, the import duty on oilseeds was 5% and on unrefined sunflower oil - 10% at a reference price of US$2,500 per ton, which is no ...

출처: Sinor