Sunflower oil in Ukraine has already caught up in price with olive oil

This opinion was expressed in the Telegram by economist, former Minister of Finance Igor Umansky. "Ukraine is the largest exporter of sunflower oil in the world. Over the last year, we have exported 381 thousand tons of product. Oil prices jumped at the beginning of the year from 30-35 hryvnias per bottle (0.8 liters) to 70 hryvnias per liter. For the next six months, the government either did not respond or pretended to resolve the issue. Meanwhile, the cost of sunflower oil is very close to the cost of the simplest varieties of olive oil. And so, only in August, the government announced that by the end of the month the price of oil will fall. Do you know why? Due to the fact that there have been changes in prices on the world market, "he wrote. According to him, world prices for some reason come to us with a huge delay. Thus, in July, world prices for sunflower oil fell by 10%, and in Ukraine - only 1.3%. "Thus, we find ourselves in a paradoxical situation, when the prices in ...