Turkey: Tea Producers Solidarity Association's wet tea base price per kilogram expectation is 4 lira 45 cents

Published Apr 17, 2021

Tridge summary

Tea producers are anticipating the 2021 minimum price set by the Ministry of Agriculture and Forestry, hoping it will reflect inflation. The Tea Producers Solidarity Association (ÇAYUDAD) chairman, Mustafa Mavi, is advocating for a 30% increase due to food inflation and a significant rise in fertilizer prices. However, only 20% of manufacturers can benefit from support, as most do not meet the required ÇKS criteria.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Approximately 1 month before the start of the wet tea season in 2021, tea producers started to complete their care by entering the teahouses for maintenance and pruning in their tea gardens. Now, the eyes have been turned to the price of this year's price to be determined by the Ministry of Agriculture and Forestry, which was 3 lira 27 cents last year. Mustafa Mavi, Chairman of the Tea Producers Solidarity Association (ÇAYUDAD), argued that the minimum tea price to be determined should not fall below the inflation rate. Mavi said, “When considering the food inflation in the last year, a 30 percent hike is required. All food prices increased by an average of 30 percent due to pendulum and country conditions. For this, we expect at least 30 percent hike to be given to tea, and this 30 percent hike to be given to support. When this raise is given, 4 lira comes to 45 kuruş. If this increase is given, our struggle with inflation will coincide ”. Mavi stated that the price of fertilizer ...

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