Oil and input barters: an opportunity or a threat to market regulation?!

He said the most important challenges facing the oil extraction industry are the lack of appreciation for production plants, the excessive import of soybean meal, and the shutdown of oil extraction plants.

He strongly criticized the existing policies in the field of securing oilseed imports and said: Unfortunately, they have created restrictions on registering orders and have not considered any measures for producers; in a way that they give more importance to merchants than producers, while contrary to the instructions of the Supreme Leader, there is no support for production and investors.

Regarding the situation of foreign exchange allocation for oilseed imports, Fakhrai said: Currently, the situation of foreign exchange allocation has become much worse than in previous years. Importers must first prove their order; then wait at least 6 months for foreign exchange allocation. Therefore, these long delays, in addition to losing interest in the importer, also severely disrupt production planning.