Claim of a huge increase in sunflower oil in Turkey, 5 liters of oil will cost 500 TL

Published 2022년 11월 20일

Tridge summary

The price of sunflower oil in Turkey has surged due to factors such as the rise in the dollar exchange rate, inflation, and the Russia-Ukraine war, reaching 200 liras for 5 liters from 60 liras in April 2021. Even brands claiming to sell cheap products have priced it above 150 liras. Ahmet Bestil, President of the Konya Beet and Agricultural Products Producers Association, warns that the price could rise to 100 TL per liter and urges the government to intervene to prevent this. He also cautions about the potential increase in sugar prices due to missing beet production in 2021 and lack of fair pricing for beet.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Sunflower oil, which was sold at 60 liras for 5 liters in April 2021, reached 200 liras due to the rise in the dollar exchange rate, inflation and the Russia-Ukraine war. Even the prices of market brand sunflower oil belonging to A-101, Şok, BİM, Migros and CarrefourSa, which claim to sell cheap products, exceeded 150 liras. Regarding sunflower oil prices, it came from Ahmet Bestil, President of Konya Beet and Agricultural Products Producers Association. Bestil warned that if measures are not taken, 1 liter of oil will cost 100 TL. Bestil said, “We expect our government to intervene in sunflowers. Now 5 kilos of sunflower oil is sold for 180 liras. A servant of God who will sow next year will not be at your detriment. Next year, we will not be able to eat 5 kilos of sunflower oil for less than 500 liras.” Stating that they had previously issued the same warnings for sugar beet, Bestil said: “We, as the Konya Beet and Agricultural Products Producers Association, warned our ...
Source: Milligazete

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.