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Home ATTUALITA

Prices of basket products change / How much flour, rice and sugar will be traded

by imkadmin
Qer 10, 2022
in ATTUALITA
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Change the prices of basket products / How much flour, oil and sugar will be traded
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The Board of Transparency and Monitoring of Trade Prices of food products has published the prices of some of the basic products of Albanian households.

Until today, until the next meeting of the board, long-grain rice will be sold 101 lek / kg, sugar 104 lek / kg, while flour 90 lek / kg.

As for the oil, no price will be set anymore, as different operators have significant differences in the purchase prices on import of this product.

This decision is mandatory for all entities that wholesale / retail these products and in case of violation they will face fines.

Any economic operator trading the following products, whether importer, wholesaler, carrier or retailer, is free to apply lower prices on these products than those set by the Board.

The Board notes that these results are set after the margin analysis:

1. For the long grain rice item (1 kg) the following ceiling margins are approved:

a. The ceiling margin of wholesale trade of long rice is 11 ALL / kg above the cost of import plus duties paid to customs. This margin covers the operating costs of the importer and packaging within the country.
b. The trade margin of the carrier which can be wholesaler, retailer or third parties, from the wholesaler’s warehouse to the retailer’s warehouse is 2 ALL / kg above the price calculated according to letter “a” of this paragraph.
c. The trade margin of the sale in the retail trade units of long grain rice is 3 lek / kg over the price calculated according to letter “a” of this paragraph plus the transport according to letter “b” of this paragraph.

2. For the item sugar (1 kg) the following margins are approved:

a. The ceiling margin of wholesale trade of sugar by the importer and the packer is 15 lek / kg (6 lek / kg for the importer and 9 lek / kg for the packer) on the cost of import plus the duties paid to customs.
b. The trade margin of the carrier which can be wholesaler, retailer or third parties, from the wholesaler’s warehouse to the retailer’s warehouse is 2 ALL / kg above the price calculated according to letter “a” of this paragraph.
c. The trade margin of the sale in the retail trade units of the sugar product is 3 lek / kg over the price calculated according to letter “a” of this paragraph plus the transport according to letter “b” of this paragraph.

3. The following margins are approved for the mass flour item:

a. The ceiling wholesale trade margin of flour from the manufacturer and packer is calculated as follows:
a. The cost of importing wheat plus customs duties is added to them by 32% the cost of processing and packaging from wheat to finished flour product; AND
b. On the costs calculated according to the above point “i”, we add the trade margin of 2.5 ALL / kg for wholesalers.
b. The trade margin of the carrier which can be wholesaler, retailer or third parties, from the wholesaler’s warehouse to the retailer’s warehouse is 2.5 ALL / kg above the price calculated according to letter “a” of this paragraph.
c. The sales trade margin in the retail trade units of the mass flour product is 2.5 ALL / kg above the price calculated according to letter “a” of this paragraph plus the transport according to letter “b” of this paragraph.

4. For the article sunflower oil, the ceiling margins are approved as follows:

a. The ceiling margin of the wholesale sale of sunflower oil by the importer is 35 ALL / liter on the cost of import and duties paid to customs. This margin covers operating costs, incubation costs, as well as packaging costs when this product is imported open and packaged locally.
b. The trade margin of the carrier which can be wholesaler, retailer or third parties, from the wholesaler’s warehouse to the retailer’s warehouse is 2 ALL / liter above the price calculated according to letter “a” of this paragraph.
c. The sales trade margin in the retail trade units of the sunflower oil product is 4 ALL / liter above the price calculated according to letter “a” of this paragraph plus the transport according to letter “b” of this paragraph.

The majority of entities that do not respect the decisions of the board will be penalized with fines up to 10 million ALL, while for small traders the administrative measure will be 2 million ALL. Repeated violations will be punished by closure of the activity until the seizure of the goods.

For months, our country has been facing rising prices of basic products for living and hydrocarbons, oil, gasoline and gas.

This situation comes after the rise in international prices, as a result of the war in Ukraine which started on February 24 this year.

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