Mexico: Industrialists warn of rising corn flour prices

THE ONLINE REASON The National Chamber of the Dough and Tortilla Production Industry (CNIPMT) warned of an escalation of prices in corn flour, which will make the tortilla a producer out of the reach of most Mexicans Corn flour will suffer a new rise in its price.Photo: Cuartoscuro. The National Chamber of the Dough and Tortilla Production Industry (CNIPMT) warned of an escalation of prices in corn flour, which will make the tortilla a producer outside the reach of most Mexicans. Last week it was warned by its main suppliers that corn flour will suffer a new rise in its price of 1,550 and 2,000 pesos per ton from next July 1, with an average increase of 8 to 10 percent. "This is truly alarming, they are quantities that never before in the history of the industry have been given as an increase in the price of these inputs, if this continues, the price escalation will make the tortilla a product out of the reach of most of the Mexicans, because we do not know how far its price would ...