Bolivia: The price of Argentine flour rises and Emapa guarantees the supply

Published 2022년 3월 5일

Tridge summary

The article highlights the impact of the Russian invasion of Ukraine on Bolivia's flour market. The price of flour has surged from 165 to 210 bolivianos per quintal, affecting the western bakery industry and leading to concerns about stability. Despite this, the Food Production Support Company (Emapa) assures that the supply is secure and the price of battle bread will not increase. The majority of Bolivia's flour is imported from Argentina, and the situation is part of a larger trend in Latin America, with countries like Argentina and Peru experiencing significant flour price hikes. The overall economic impact of these events is anticipated to lead to higher inflation rates and potentially hinder economic growth in the affected countries.

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Original content

Marco Belmonte / Page Seven The Russian invasion of Ukraine is already having repercussions in Bolivia with the rise in the price of flour from 165 to 210 bolivianos per quintal, although the Food Production Support Company (Emapa) guarantees the supply and that the battle bread does not suffer any increase. The president of the Association of Industrial Millers (ADIM), Carlos Gutiérrez, reported that Bolivia imports a lot of wheat flour and that has a direct impact on market prices. The price of flour has already risen, there is a constant increase. A month ago it was at 165 bolivianos per quintal, but now it is at 210 bolivianos, on average, he specified in contact with Page Seven. He explained that the western bakery industry relies on Emapa's flour supply and that guarantees that the price of battle bread does not suffer an increase. This increase in the price of flour goes to pastry shops, marginal bread markets that do not have access to Emapa's flour, and should raise the ...

Source: Paginasiete