News

Togo to control production and prices of sunflower oil

Wheat Flour
Refined Sunflower Oil
Togo
Published May 31, 2022

Tridge summary

The production and price of wheat flour and sunflower oil have been taken under control by the government of Togo, the official website of the Togolese Republic reports. A delegation from the Ministry of Trade, Industry and Local Consumption of Togo visited several industrial enterprises producing wheat flour and vegetable oil.

Original content

“It is necessary to ensure the efficiency of these factories in terms of continuous supply to markets, availability of stocks, shipping prices to wholesalers in connection with the new government guidelines,” said Togo Minister of Commerce Kojo Adedze. After the government has set marginal prices for a number of the most necessary products, the price policy for them is observed, with the exception of vegetable oil and flour. These products continue to be sold at speculative prices. “It is important to strictly enforce marginal prices and meet national demand,” Kojo Adedze told key wholesalers and distributors during a site visit. To reduce the hype for imported flour, the authorities in Togo have urged bakery manufacturers to switch to using local flour. Recall that after the increased prices for gasoline, the Ministry of Commerce of ...
Source: Oilworld
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.