Union of Chambers and Commodity Exchanges of Turkey

Hisarcıklıoğlu said, “We are proud of the Polatlı Commodity, which has undertaken exemplary works,” extolling the modernization efforts of the Exchange in regards to its facilities and infrastructure, “I sincerely congratulate the Chairman, board and employees.”

Hisarcıklıoğlu stated that the Polatlı Commodity Exchange is a 5-star accredited commodity exchange, offering the highest quality service to its members with its sales hall, laboratory, scale and social facilities.

- New software in commodity exchanges

Hisarcıklıoğlu expressed stated that TOBB is working to facilitate better operation and quality service by commodity exchanges, “We are preparing a new registration software for Commodity Exchanges. It will be provided free of charge to all commodity exchanges. Thanks to this program, our member will be able to perform all necessary operations for registering goods on a single platform. When it comes to registrations, checking tax and SGK debts will be sorted with one button. Even taxes can be deducted via this platform. Our members will be able to register their purchases and sales using the mobile application via electronic signature without coming to the commodity exchange. e-bills and e-producers will be automatically registered. All products entering the commodity exchange, laboratory data, trade values ​​will be generated simultaneously. This way, you will operate comfortably and confidently.

Also with this system, all transactions will be added to national statistics. Therefore, all statistical information will guide our country's agriculture will be produced in commodity exchanges markets. The Product Specialized Commodity Exchange which has been our dream for years has finally been realized. We completed the foundation with 53 commodity exchanges and TMO. The Polatlı Commodity Exchange is also among the largest partners. From now on, Licensed Warehouse Stocks will be traded at this exchange. With this system, the producer's, the merchant's produce, will find its buyer directly in the national and international market. Thus, our commodity exchanged will be integrated into the global markets. This is all thanks to the Minister Bülent Tüfenkci.

May Allah bless him. As minister of the Turkish private sector, his effort and initiative is in every step which has been taken to reduce burdens on us and to facilitate our work.”

- Customs and Commerce Minister Bülent Tüfenkci

Customs and Commerce Minister Bülent Tüfenkci stated that the national licensed warehousing system capacity has reached 2.048 million tons and that the storage capacity is foreseen to exceed 10 million tons if licenses are given to all of the 129 companies which have received permits.

Tüfenkci said that the prices of agricultural products are based on the supply and demand conditions in commodity exchanges.

Tüfenkci pointed out that production and marketing are inseparable, adding that production, storage and price formation in agriculture cannot be considered separately either.

Recalling that the first step of the licensed warehousing system was laid in Polatlı with 20,000 tons in 2011, Tüfenkci reported that e-receipts of goods stored in licensed warehouses are being traded on the commodity exchange.

- Polatlı Commerce Exchange Chairman Yahya Toplu

Polatlı Commodity Exchange President Yahya Toplu stated that it is very troublesome to farm in Anatolia and talked about the activities of the commodity exchange as well as incentives given by the state to domestic producers.

MHP Deputy Chairman Mevlüt Karakaya also participated in the event.