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Bread prices not expected to increase in Kazakhstan due to current rise in grain prices: specialist

Business Materials 23 August 2010 10:48 (UTC +04:00)

Azerbaijan, Baku, Aug. 23 / corr Trend S.Suleymanov /

Bread prices are not expected to increase in Kazakhstan due to current rise in grain prices, Daulet Uvashev, ProdKorporation Managing Director for Commercial Issues, said in an interview for Trend.

"Rise in bread prices is not expected," Uvashev said in reply to Trend correspondent's question.

Uvashev reminded that similar situation was observed in Kazakhstan in 2007, when grain prices went up, while bread's remained unchanged.

"The matter is that bread production is a long chain, its prices considerably lag the cost of grain. Thus, there is no reason to worry," Uvashev underscored.

Furthermore, drought of this summer will have positive impact on the quality of Kazakh grain.

"As the summer heater, as higher the gluten - the most important component while defining the quality of grain - is. Thus,  even the first milling in Kostanae showed 30 percent of gluten composition in grain, while it was 26-28 percent in Akmolinsk region and a bit lower the norm, though still high, in the North Kazakhstan region," Uvashev said.
      

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