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Soy Oil News - Turkey to raise Sunflower oil import duty to 10%25
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Turkey to raise Sunflower oil import duty to 10%

Turkey government is rising Sunflower oil import duty to 10%. This step is mainly to support the domestic sun oil cushing. According to USDA, Turkey is the world's biggest importer of sunflower seeds, which are used to meet the needs of the large domestic crushing industry, which has a capacity estimated at 9 MT. Turkey's sunflower oil consumption is anticipated to rise to 1.28 MT in year 2022/23 from 1.255MT a year earlier.