Turkey plans to ban wheat imports
The Ministry of Economy of Turkey is negotiating the possibility of imposing a ban on wheat imports. It is reported by Atria Brokers.
The ban is planned to be introduced for the period from June 1 to September 1, 2023. The reason for this decision is to protect local wheat producers during the harvest.
The decision is expected around May 14, the day of the presidential election.
As a reminder, starting May 1, 2023, Turkey imposed a 130% duty on imports of key grains. The majority of Ukrainian grain is not affected by this duty, as Ukraine imports products to Turkey mainly for sale to third countries and is not subject to the duty.
Read also
Soybean harvesting nears completion in Ukraine, with production exceeding 3 mln tons
Palm oil prices in Malaysia rise to four-week high
Cambodia exports over 1 mln tons of rice for the first time as shipments to the Ph...
China loses share of Argentine beef exports as US and Israel increase purchases
Global sugar market faces deficit of over 6 mln tons due to poor harvests
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon