Turkiye: Fixed price started in sugar

The Beet Sugar Producers Association (PANŞEK) announced that they have started a "fixed price" application in the ex-factory price of sugar until 1 September. In the written statement made by the association, there are 33 sugar factories in Turkey, 15 of which are public, 12 of which are private and 6 of which are cooperatives, that 2.6 million tons of beet sugar will be produced in the 2022/2023 production period in these factories, and that this production will meet the country's needs. was stated to be adequate. Emphasizing that the developments regarding stock planning and supply and demand balance in the current marketing year were positive, the following were noted: FIXED PRICE IN SUGAR "Due to the fluctuations in world sugar prices last year, there were adverse events that disrupted our stock planning and affected the stability of supply. However, thanks to the coordination mechanism established in the sector by our Ministry of Agriculture and Forestry in order to ensure ...