The agricultural futures market could launch in 2026… Ali Kırali, General Manager of the Turkish Mercantile Exchange (TMEX – TÜRİB) stated that they have prepared the infrastructure for the futures market. “We aim to trade futures contracts based on electronic warehouse (commodity) receipts (EWR) and TMEX’s price indices in this …
Read More »Mehmet Akıncı: We are making a strong start to the 2024 season with our Gaziantep Pistachio Licensed Warehouse
Mehmet Akıncı, Chair of the Gaziantep Commodity Exchange (GTB), stated that the licensed warehouse for pistachios in Gaziantep province reached a transaction volume of 2,850 tonnes in 2024. The interest shown by producers in the licensed warehouse system creates a secure trading environment while providing financing facilities to farmers. Announcing …
Read More »Ali Uçar: Thanks to our warehousing project in Ayvalık, olive oil exports will increase
Press release… With a harvest of 475,000 tonnes and along with 115,000 tonnes of olive oil carried over from last year, Türkiye which ranks second in the world in olive oil production this year, has launched a ‘licensed warehousing for olive oil’ project, in Türkiye’s western province of Balıkesir’s district …
Read More »A first in the world; licensed warehousing of olive oil to be implemented in the North Aegean Region!
Press release… With a harvest of 475,000 tonnes and along with 115,000 tonnes of olive oil carried over from last year, Türkiye which ranks second in the world in olive oil production this year, has launched a ‘licensed warehousing for olive oil’ project that is unique in the world and …
Read More »Nejat Sağel: We discussed the problems of licensed warehousing with the Minister Yumaklı
The Board of Directors of the Western Anatolia Licensed Warehousing Association (BALDER) met with İbrahim Yumaklı, Minister of Agriculture and Forestry and made evaluations on the functioning of licensed warehouses and the problems in the sector. Western Anatolia Licensed Warehousing Association (BALDER) Board of Directors met with Minister of Agriculture …
Read More »Serdar Genç: Türkiye is the country that best implements the licensed warehousing system in the world
Organised for the second time this year by the Licensed Warehouse Companies Association (LİDAŞDER), ‘Licensed Warehousing in Türkiye and the World, Grain Markets Congress’ was held in Antalya between 16-19 January. In his opening speech, Serdar Genç, Chairman of the Licensed Warehouse Companies Association (LİDAŞDER), said, “Proudly stating that the …
Read More »“Licensed Warehousing in Türkiye and the World (2)”
ANTALYA – Attending the “Congress on Licensed Warehousing and Grain Markets in Türkiye and the World” in Antalya, Minister of Agriculture and Forestry İbrahim Yumaklı said that they produced 39 million tonnes of cereals in 2024. “We are the world’s 1st in flour exports and 2nd in pasta exports. We …
Read More »“Licensed Warehousing in Türkiye and the World (1)”
Organised for the second time this year by the Licensed Warehouse Companies Association (LİDAŞDER), ‘Licensed Warehousing in Türkiye and the World, Grain Markets Congress’ was held in Antalya between 16-19 December. Minister of Agriculture and Forestry İbrahim Yumaklı, who attended the congress, stated that they aim to ramp up the …
Read More »Storage periods extended in Licensed Warehouses…
The Ministry of Trade extended the maximum storage periods in the licensed warehousing practice for some agricultural products. STORAGE PERIOD INCREASED FROM 24 TO 36 MONTHS… The Regulation of the Ministry of Trade on the Amendment of the Regulation on Licensed Warehousing of Agricultural Products entered into force after being …
Read More »Işınsu Kestelli: The ultimate goal of Product Market Intermediary Institutions is to contribute to the Turkish agriculture and agricultural trade
Press release… ELÜSMarket, (ELÜS – Electronic Warehouse Receipt – EWR) a product market intermediary institution incorporated company, has been officially established with a capital of 21 million 450 thousand Turkish liras. The company is a partnership between 21 Commodity Exchange and İş Yatırım Menkul Değerler A.Ş. The establishment ceremony took …
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