Bread, flour and pasta will rise in price in Kazakhstan

Published 2021년 9월 13일

Tridge summary

The article highlights a concerning situation in Kazakhstan regarding a significant increase in grain prices, with durum wheat prices doubling since last year, reaching 230,000 tenge per ton, and grain being traded at more than twice the price of last year. This surge in grain prices is expected to ripple down to consumers, potentially leading to a drastic increase in the cost of staple foods like bread and pasta. The rise in grain prices is attributed to market dynamics, increased demand from Russia, and adverse weather conditions in Europe affecting grain harvests. The government's lack of response to these price hikes has sparked concerns, with millers suggesting that the introduction of export duties on grain could help reduce prices. The article also mentions some measures being taken to mitigate the impact on consumers, such as subsidies for processors in Russia and lower pricing of imported pasta in certain regions of Kazakhstan. President Kassym-Zhomart Tokayev's visit to the North Kazakhstan region to address these issues underscores the seriousness of the situation and the ongoing efforts to address the challenges in the agricultural sector.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Pasta is a socially significant product. The market has all the prerequisites for them to rise in price in the very near future to unimaginable heights. The reason for this is the price agenda in the agricultural sector. Because of it, pasta, which for a long time was the most affordable product from the grocery basket, can turn into a luxury that will be affordable for a few, KazakhZerno.kz reports. Now in Kazakhstan there is an increase in grain prices. Processors and manufacturers will raise prices for final products, which may lead to higher prices for bread, flour and pasta. According to Taisiya Kolegova, representative of the Union of Grain Processors of the Republic of Kazakhstan, grain is becoming more expensive every day. Now they ask for 113 thousand tenge per ton. In 2020, it was cheaper and traded at a price of 75 thousand tenge per ton. Because of this, flour has risen in price, and with it bread. Last year, durum wheat from the fields was sold at 115 thousand tenge ...
Source: Zol

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