


New Internet Addresses Online
Due to the emphasis on creative marketing strategies, our company…

We Hosted Our Friends From CMBItaly in Our Factory
Mr.Andrea Bernardini and Mr.Daniele Mora from CMBITALY Technoilogy…

Global Shortage and Price Rising in Oil Crops
Analysts expect that supplies of corn and soybeans will continue…

Exports Are Still Dominating Our Sales In 2021
Two biggest regions of oleochemicals, South-East Asia and South…

Our Exports to Europe Increased in Pandemic
Our export volume to European continental has been increased…
CORPORATE
Founded in Istanbul World Trade Center in 2013, HCC İstanbul Dış Ticaret A.Ş. started its commercial activities to supply chemical raw materials for its customers operating in our country and our region and producing in different sectors such as food, pharmaceuticals, tobacco, textile, paint, cosmetics, hygiene, etc. from the world’s reputable manufacturers.
HCC ISTANBUL
Yeşilköy Mah. Atatürk Cad.
EGS Business Park Blok
No: 12 İç Kapı No: 451
Bakırköy / İstanbul / TÜRKİYE
Tel: +90 212 465 03 05
Fax: +90 212 465 03 85
info@hccistanbul.com.tr
RUSSIA-UKRAINE CRISIS AND ITS EFFECTS ON THE OIL
/in News /by Onur YavuzThe crisis between Russia and Ukraine continues to affect global trade. The crude oil and oilseeds industry has faced a series of problems, both in import and export.
Oil and oilseed prices, which have broken record after record since 2020, do not show any signs of decline anytime soon. The fact that the Black Sea Region represents an important supply of 60% of the world’s sunflower oil production and 76% of its exports deeply affects the oil sector.
The policies followed by many exporting countries, especially Ukraine, The World’s largest sunflower oil exporter; export quota, low stock, increasing demand in the world and decreasing production. Oil prices have been on the rise for a long time due to these reasons. With the military developments, the trade in the Black Sea came to a standstill, and the ports in Ukraine, the homeland of sunflower oil, were closed, causing Asian and EU refineries to turn to palm oil.
Along with the precautionary measures taken by countries, the restriction of crude oils used in biodiesel production and the directing of oils to edible oil production is an important indicator that glycerin production will also slow down and push glycerine prices upwards.