There are no prerequisites for conducting procurement interventions for sugar in the Russian federation
Published 2023년 1월 19일
Tridge summary
The Ministry of Agriculture in Russia has decided against conducting procurement interventions for sugar at the current market price. The established minimum price for government procurement is 33.6 thousand rubles per ton, while the average market price is 50 thousand rubles per ton, making purchases inappropriate at the current time.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The Ministry of Agriculture does not see any prerequisites for conducting procurement interventions for sugar in Russia. This was reported to TASS in the press service of the ministry. "At present, taking into account the price situation that has developed in the sugar market, there are no prerequisites for carrying out purchasing interventions," the Ministry of Agriculture noted. As explained in the ministry, the established maximum minimum price level for sugar, at which government procurement interventions are carried out, until July 30, 2023 is 33.6 thousand rubles per ton. Now sugar is traded at ...
Source: Kvedomosti
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