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Ukrainian government should limit the cost of sunflower oil to domestic consumers

Refined Sunflower Oil
Ukraine
Published Nov 20, 2021

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In Ukraine, it is necessary to introduce maximum prices for sunflower oil for the consumer. This was announced by the People's Deputy of Ukraine, a member of the Verkhovna Rada of Ukraine Committee on Agrarian and Land Policy Vadym Ivchenko in a commentary to AgroPolit.com. He emphasized that Ukrainians began to pay more for food, as evidenced by the data of the State Statistics Service. Essential goods rose in price by 14% compared to the same period last year.

Original content

“Prices for chicken fillet, 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 grown in price. The price of bread increased by 17%. But most of all, sugar has risen in price - 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 UAH per liter, ”the People's Deputy commented. In his opinion, there are several reasons for the rise in prices for food. He stressed that the main reason is the rise in prices for natural gas. “There was also an increase in the cost of production components, spare parts, transportation, packaging materials, a certain shortage of raw materials in this marketing year. And, of course, no one canceled cartel conspiracies, ”added Vadim Ivchenko. Another reason for the increase in the price of vegetable oil in Ukraine, according to Vadim Ivchenko, is the possibility that Ukrainian ...
Source: Oilworld
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