The Russian government extends the price stabilization agreement for sugar and sunflower oil
By: Date: 2021-04-05 Categories: Internationalfood Tags: ,

   RIA Novosti reported on March 30 that the sugar and sunflower oil price stabilization agreement will expire on April 1. The Russian government has extended the above agreements separately due to concerns about price increases. Until June 1st and October 1st. In December 2020, Russia announced a series of measures to stabilize food prices. The wholesale and retail prices of sugar were set at 36 rubles/kg and 46 rubles/kg respectively, and sunflower oil was set at 95 rubles/kg and 110 rubles/kg respectively; Export tariffs on certain agricultural products; establish policy support tools for the flour and baking industries; improve the price monitoring system.