Despite the rise in prices for Russian grain, there was no sharp increase in the prices of flour in Kyrgyzstan, the State Agency for Antimonopoly Regulation reported.
The agency reminded that there was an agreement on cooperation between state agencies and enterprises of flour-grinding industry of Kyrgyzstan. It was done in order to provide the republic with flour and feed for livestock at affordable for the population prices until the new year’s wheat harvest, that is, until August 31, 2022.
“The state provided privileges to flour-grinding enterprises, but they assumed the obligation to supply the republic with flour. They must always have wheat and products of its processing in their warehouses. A positive result has already been achieved. Grain has been arriving since September,” the state agency said.
At least 26 out of 30 mills have been launched so far.
The produced flour and bran are sold at minimal markups. The volume of production at the flour-grinding enterprises has been increased and the taxes and deductions to the state budget have been ensured. The State Agency for Antimonopoly Regulation notes that the measures have a stabilizing effect on prices. From November 1 till November 30, the wholesale prices at the enterprises for the first class flour ranged from 31 to 32 soms per kilogram and bran – from 16 to 20 soms per kilogram. The price of feed (bran and grain waste) at the enterprises in November did not grow due to the increased processing at the mills in all regions.
“As of December 1, the cost of Russian grain was 19,500-20,000 rubles ($280) per ton. In September, the figure was 19,000-19,500 rubles ($260-270). The price of flour tends to increase slightly. The price of first grade flour in August reached on average 34.1 soms, and from December 1 to December 15 – 36.1 soms. The increase is 2 soms, or 5%,” the statement says. (24.kg/Business World Magazine)