While the price of olives decreased in Türkiye’s Mediterranean coast province Mersin, where the harvest has begun, the price of olive oil doubled. One kilogram of olive fell from 6 liras to 4 liras, the weight of large olives decreased from 14 liras to 13 liras and the weight of olive oil, sold between 45 and 60 liras, increased to 100 liras.
There are 15 million olive trees in Mut district, where 75 percent of olive production in Mersin and 15 percent of the country’s production is carried out. The olive oil produced in the district was given a geographical indication registration certificate by the Turkish Patent and Trademark Office in 2018 under the name ‘Mut Olive Oil’.
There are 10 olive brine processing plants and 20 olive oil factories operating in the district. It is noteworthy that the price of olives is low and the oil is twice as high in the region, where the full harvest period will begin as of the second week of October.
15 liras in the Aegean, 4 liras in Mut! Farmers asked for support…
While the base price of olives in the Aegean region was 15 liras, the producers, who drew attention to the fact that it was purchased from 4 liras in Mut district, asked for support. Traders, who gave a base price of 6 lira and a ceiling price of 14 lira for olives a week ago, has lowered the price. While the weight of the olive purchased for the smallest oil passing through the sieve was 4 liras, the price of the large olives suddenly fell to 13 liras. On the other hand, it was noted that the price of oil sold between 45 and 60 TL increased to 100 TL….