• Wyślij znajomemu
    zamknij [x]

    Wiadomość została wysłana.

     
    • *
    • *
    •  
    • Pola oznaczone * są wymagane.
  • Wersja do druku
  • -AA+A

Russia scrambles with rising butter prices

Russia turns to Turkey and UAE as rising butter prices prompt widespread thievery

19:12, 02.11.2024
  Reuters/fb;
Russia turns to Turkey and UAE as rising butter prices prompt widespread thievery Russia is importing butter from the United Arab Emirates and Turkey, in a move aimed at containing soaring prices that have alarmed consumers.

Russia is importing butter from the United Arab Emirates and Turkey, in a move aimed at containing soaring prices that have alarmed consumers.

The price of a block of butter in Russia has risen by 25.7% since last December. Photo Illustration by Scott Olson/Getty Images
The price of a block of butter in Russia has risen by 25.7% since last December. Photo Illustration by Scott Olson/Getty Images

Podziel się:   Więcej
Agricultural watchdog Rosselkhoznadzor said on Saturday that deliveries of butter from the UAE began on October 18. "Previously, there had been no deliveries of butter from the UAE to Russia," it said in a statement.

The price of a block of butter has risen by 25.7% since last December, according to Russia's statistics service. That compares with an inflation rate of 8.6% and has prompted a spate of butter thefts at some supermarkets.

The UAE has so far supplied 90 metric tons of butter to Russia, which also started importing butter from Turkey in October.

Russia is seeking to increase supplies of butter to stabilize prices and ensure availability for the domestic market.

Butter imports to Russia from Latin America fell to 2,800 tons this year from 25,000 tons in 2014, Rosselkhoznadzor said, citing Western sanctions are one of the factors behind declining deliveries.

"The reduction in the volume of butter imports from Latin America to Russia may be related to transport and logistics issues, sanctions, and the lack of agreements between businesses," it said.

Belarus, the largest supplier of butter to Russia, has increased exports by 9% this year to 110,000 tons.