BAKU, Azerbaijan, June 25. In total, 73,000 tons of rapeseed have been purchased from the farmers in Iran since the beginning of the current rapeseed harvesting season (started March 28, 2023), Executive Director of Iranian Government Trading Corporation (GTC), Saeed Rad said, Trend reports.
The director noted that the mentioned volume of rapeseed was purchased from farmers in 24 provinces of the country.
Rad added that the largest amount of rapeseed was purchased, respectively, in Iran’s Khuzestan Province - 31,000 tons, Golestan Province - 20,000 tons, and Mazandaran Province - 9,000 tons.
Reportedly, rapeseed has been planted on 100,000 hectares of land in Iran for the current season. In Iran, 1 kg of rapeseed is bought for 220,000 rials (about $5.23) under a guarantee this season. In total, 180,000 tons of rapeseed are expected to be harvested in Iran this year.
On average, about 1 million tons of vegetable oils were consumed in Iran per year. Of that, 10 percent is met by domestic production, while 90 percent by imports. Iran plans to meet 70 percent of vegetable oil consumption through domestic production until 2025.
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