Japan's edible oil, wheat, and eggs have soared in prices

Published 2021년 5월 27일

Tridge summary

Due to a surge in the prices of international agricultural products and increased logistics costs, the prices of various agricultural and sideline products in Japan have significantly risen. A small supermarket in Tokyo has reported a 3% to 10% increase in the price of sugar, butter, and a doubling of egg prices. The cost of edible oils has also surged, with a manufacturer announcing a price hike for July and August. Additionally, the price of wheat flour, used in bread, has risen by nearly 6% year-on-year. The Food and Agriculture Organization of the United Nations has reported a 1.7% month-on-month rise in the international food price index in April, reaching its highest level in the past seven years. It is anticipated that the prices of agricultural products in Japan will remain high in the short term.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Affected by comprehensive factors such as the general rise in the prices of international bulk agricultural products and the increase in logistics costs during the epidemic, the prices of various agricultural and sideline products in Japan, including edible oil and wheat flour, have risen sharply recently. It is expected that the prices of agricultural products in Japan will not fall in the short term. Possible. The operator of a small supermarket in Tokyo, Japan, told reporters that since this spring, the purchase price of sugar and butter in the store has increased by 3% to 10%, and the price of eggs has reached 225 yen (about 13 yuan) per 10 pieces. , The price is twice that of the beginning of the year. The prices of edible oils such as rapeseed oil and olive oil have also risen a lot. And, recently, a manufacturer has sent a notice that the price of edible oil will rise in July and August. Not far from the supermarket, Qiuye also runs a small bakery. Since April this year, ...
Source: Agri.cn

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