"Continuous sales of flour" flour businesses give Turkey an added incentive to continue to buy wheat even at high costs for raw materials, according to the source Platts.
This is in addition to the decree of the Ministry of Commerce, under which any exported from Turkey flour must be made from imported wheat.
Wheat prices in Russia are currently growing due to low availability close to the port, which increases logistics costs.
Rate CIF Marmara 12.5% wheat for delivery in January and early February, increased by $ 4 a week to $ 240 per tonne on Friday.
In this marketing year, Turkey imported about 2.5 million tons of wheat, which is similar to last year, despite the weakening of the Turkish Lira.
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Translated by service "Yandex.Translation"