Trade/Markets/Prices

Turkey may turn to Iran to solve potato misery

Turkey may turn to Iran to solve potato miseryFollowing Economy Minister Nihat Zeybekci’s announcement that certain food products may be imported in light of high domestic prices, speculation has arisen that Turkey may soon begin to purchase cheaper potatoes from its neighbor Iran. Potatoes costing 50 kuruş per kilo could be exported from Iran and sold in Turkish markets for TL 1.50, according to speculation. Meanwhile, potato prices have skyrocketed to as much as TL 5 kilo, more than tripling between the beginning of 2014 and the present. More

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