Turkey: Turkish Government Intervenes to Stabilize Cooking Oil Market

  |   Attaché Report (GAIN)   |   TU2022-0011

Fearing rising prices and the perceived threat of sunflower oil shortages, customers have scrambled in recent days to stock up on cooking oils. The Turkish government has reassured the public that a shortage doesn't exist. At the same time, in order to stabilize local market conditions, the government recently halted cooking oil exports and also zeroed out tariffs on imported oils. Meanwhile, the purchase price of imported wheat continues its upward climb, and some local feed companies are reportedly considering limiting sales volumes if feed ingredient supplies become tight.

Related Reports

Attaché Report (GAIN)

Argentina: FAIRS Export Certificate Report Annual

This report includes technical requirements and export certificates for the export of food and agricultural products to Argentina. It complements the Food and Agricultural Import Regulations and Standards Annual Country 2024 Report.
Attaché Report (GAIN)

Vietnam: Coffee Annual

Marketing year 2025/26 production is forecast to increase to 31 million bags of green bean equivalent.
Attaché Report (GAIN)

Indonesia: Coffee Annual

In 2025/26, Indonesia's coffee production is expected to grow by 5 percent, reaching 11.3 million bags on improved yields from favorable weather and increased inputs.