The Verkhovna Rada is initiating the introduction of marginal prices for sunflower oil for domestic consumers in Ukraine

Published 2021년 11월 18일

Tridge summary

Ukrainian lawmaker Vadym Ivchenko has proposed the introduction of marginal prices for sunflower oil for domestic consumers due to a significant price hike in essential goods. The price increase is attributed to rising natural gas prices, production costs, transportation, packaging, and a potential export ban to China. The article also highlights that sunflower oil is sold cheaper in many European countries due to lower food taxation and subsidies for agricultural production. Ivchenko suggests that the government should investigate potential profit conspiracy and price fraud by producers.

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Original content

In Ukraine, it is necessary to introduce marginal prices for sunflower oil for domestic consumers. This was announced in a comment to AgroPolit.com by the People's Deputy of Ukraine, member of the Verkhovna Rada Committee on Agrarian and Land Policy Vadym Ivchenko. "Ukrainians began to pay more for food, as evidenced by the State Statistics Service. Essential goods prices went up by 14% compared to the same period last year. Prices for chicken, beef and pork in September 2021 compared to December of the previous year increased by 25.5%, 18.8% and 7.4%, respectively. Milk and eggs have risen in price. Bread has risen in value by 17%. But the most expensive sugar - by 88% (in the production of which gas accounts for 70% of costs) and sunflower oil - by almost 90% and sometimes exceeds the price of 100 hryvnia per liter, "- said the people's deputy. According to him, there are several reasons for the rise in price of products. "The main thing, of course, is the rise in price of ...

Source: Agropolit