There are no objective prerequisites for a significant increase in prices for flour and bread in Kazakhstan yet

In October, an increase in flour prices was recorded in 13 regions of Kazakhstan. However, during the first week of November there was no increase in the price of these products. It is difficult to predict the situation for a long period, but at the moment there are no objective prerequisites for a significant increase in flour prices in the Republic of Kazakhstan. This opinion was voiced by the head of the analytics committee of the Grain Union of Kazakhstan, Evgeny Karabanov, Zakon.kz reports. “Firstly, the Government will not allow this. Secondly, there are the resources of the Food Corporation, which can be used to stabilize the price in case of negative events. Thirdly, there is a very large grain bag on our border, that is, there is always somewhere to “refuel” "No one is immune from everything else, for example, increases in electricity tariffs or rail transportation," the expert said. According to his estimates, 1.7 million tons of grain per year will be enough for ...