A new era in sugar! Fines will be imposed on those who do not comply.

The recent increase in opportunism in sugar prices is putting both producers and consumers in a difficult situation. The Ministry of Agriculture and Forestry announced that a series of new rules will be introduced to put an end to the public debates.

FLOOR AND CEILING PRICES WILL BE DETERMINED

According to the draft prepared by the ministry, sugar sale prices will be freely determined by real and legal persons operating sugar factories. However, the ministry may set a floor and ceiling sale price for sugar, taking into account the raw material, energy, labor, and other production costs of sugar factories. Companies selling sugar outside the determined floor and ceiling prices will be subject to an administrative monetary fine calculated based on the amount of sugar sold outside the floor and ceiling prices and the factory sale price at the time of detection.

CONTRACT FIRST, THEN PLANTING

According to a report by Türkiye Gazetesi, sugar beets cannot be planted without a contract. Those who act contrary to this will be monitored and controlled. Companies will obtain sugar beets by making contracts with producers from the planting areas determined by the ministry. The ministry will supervise the entire process from the planting of sugar beets to their delivery to factories. It has been stated that only contract-based planting will ensure the effective, efficient, and economical use of resources.

PENALTY FOR NOT MAKING A CONTRACT

Real and legal persons who plant sugar beets without a contract will be subject to an administrative monetary fine calculated based on the price of A quota sugar beets containing 16% polar sugar, as determined by public factories.