According to The Law Of The Union Of Chambers And Commodity Exchanges Of Türkiye And The Chambers And Commodity Exchanges, Article 28; Commodity exchanges are public legal entities established for engaging in purchase and sale of goods that fall under a commodity exchange and as well as determination, registration and announcement of the prices of such goods formed in the commodity exchange in accordance with the principles stated in this Law.
As a general, Commodity Exchanges in Türkiye functions for;
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The formation of an efficient functioning market mechanism,
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The determination of the real value of products,
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For stability in price movements,
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Reliable prices on trading,
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the balance between national and international markets.
In addition, the Istanbul Commodity Exchange operates with the principle of “member-oriented stock exchange”. In this context, the problems of the private food sector are determined through numerous meetings. These problems and solution proposals are brought to the agenda through lobbying activities and conveyed to authorized public authorities. The most important examples of this are sectoral publications, meetings such as “Sectors are talking in the Stock Exchange Square” and their final reports and the transmission of these reports to the relevant ministries.