Russia: The price of butter in Altai Territory broke the historical maximum

Published 2021년 12월 22일

Tridge summary

The average price of butter in the Altai Territory of Russia has surpassed 600 rubles per kilogram, with cheese prices being similarly high. The most expensive oil is in Rubtsovsk at 622 rubles per kilogram, while the most affordable is in Barnaul at 589.5 rubles per kilogram. This price hike, the first since 2016, is due to increased costs, reduced Belarusian butter exports, and fraud. Food manufacturers are planning to further increase prices for their products, affecting consumers in February or March.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The average cost of a kilogram of butter in the Altai Territory is now over 600 rubles. Altaykraistat provides such data for mid-December. The price of cheese is also close to this indicator. According to statistics, the average oil price is now 602 rubles. The most expensive is in Rubtsovsk (622 rubles per kg), the most affordable is in Barnaul (589.5 rubles per kg). The last time a serious jump in prices for this product occurred in the Altai Territory in 2016. Then local producers associated this with the rise in prices for raw materials, increased demand and the fight against counterfeiting. At the end of 2016, Deputy Prime Minister Alexander Lukyanov said that oil shipments to retail chains went ahead of schedule. It got to the point that residents of Altai cities complained that local products disappeared in shops at creamery. Sellers then admitted that all the oil is sent to Moscow. “Now there is some kind of chaotic situation. They say that Belarusian factories began ...
Source: Milknews

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.