Shock inspections in GATEM Region of Turkey

Published May 24, 2024

Tridge summary

The Gaziantep Provincial Directorate of Commerce has initiated shock inspections on pistachio sellers in the GATEM Region following complaints from the Gaziantep Chamber of Commerce and the Gaziantep Commodity Exchange about an artificial price increase in peanuts. The inspections led to the fining of some pistachio farmers, and the Directorate will continue its investigations to identify middlemen who make unfair profits by stockpiling and harm the sector. Pistachio farmers have requested that the inspections be expanded to cover the entire sector and for those operating unregistered to be identified and punished.

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Original content

Teams affiliated with the Provincial Directorate examined the invoices and delivery notes of the businesses one by one. While some businesses were fined during the inspections, pistachio sellers also demanded that people operating unregistered and making unfair profits by stockpiling be inspected. Sudden Increase in Peanut Prices Brown pistachios for baklava, which were sold for around 800-850 TL until April, rose to 1200 TL right after Ramadan Feast. While dessert shops could not make sense of this sudden increase, prices dropped to 1000 TL with the interventions made. However, when peanut prices rose again at the beginning of May and reached 1400 TL, this drew attention to pistachio farmers. Gaziantep Chamber of Commerce (GTO) and Gaziantep Commodity Exchange (GTB) stated that the price increase was artificial and called on the Ministry of Commerce. Shock Inspections in GATEM Region Following the call of GTO and GTB, Gaziantep Provincial Directorate of Commerce teams took ...

Source: Sirinnar