...

Price for flour and bread reduces in Azerbaijan

Business Materials 9 November 2011 10:27 (UTC +04:00)
The price for flour dropped in Azerbaijan and lead to lowering of the prices for bread, the bread manufacturers told on Wednesday.
Price for flour and bread reduces in Azerbaijan

Azerbaijan, Baku, Nov. 9 / Trend , A.Akhundov /

The price for flour dropped in Azerbaijan and lead to lowering of the prices for bread, the bread manufacturers told on Wednesday.

"If before a sack of flour cost 20-22 manat, the figure is 15-16.5 manat today. This allowed the large bread manufacturers to sell it at lower prices. As a result, the retail price of bread dropped from 40 to 35 gapik," the report reads.

The bread manufacturers said a further reduction in the price of flour will lead to lower prices for bread.

Today Azerbaijan's grain demand is 3-3.2 million tons. About 2.5 million tons of grain were collected this year, which corresponds to the forecast for this year, the missing part Azerbaijan imports from Kazakhstan and Russia.

According to the State Customs Committee's data, Azerbaijan imported flour in the amount of $57.17 million in January-September, which makes up 0.83 percent of total imports and exceeds the figure of January-September 2010 by 56.9 percent times.

Grain imports rose by 6.27 percent - to $196.8 million over the year, representing 2.86 percent of total imports of the country during this period.

Tags:
Latest

Latest