Ministry of Agriculture decided to ensure the stability of prices for sugar in Russia until the autumn, write “Vedomosti” with reference to market participants.
According to the interlocutors of the publication, until the end of September, manufacturers are recommended to maintain purchasing prices at the level of 36 rubles per kilogram. The order is advisory.
The companies themselves intend to preserve the prices at the same level until the end of September for those counterparties with which they cooperate in the framework of the cost stabilization agreements. Initially, it was concluded until the end of March, but subsequently was extended until the end of May.
Also, according to the terms of the manufacturer’s agreement, should receive compensation from the state in the amount of five rubles for each kilogram of sugar.
Previously, its forecast for the development of the situation after June 1, when the term of the Agreement expires, and the head of the Union of Solution Andrei Bodin. In his opinion, the sharp growth of retail prices will not happen due to sufficient production in Russia.