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According to Kyrgyzstan’s Tazabek News website reported on July 26, the State Antimonopoly Service of Kyrgyzstan stated that according to the retail price announced by Kyrgyzstan’s domestic supermarkets on July 21, the price of vegetable oil increased from 84.
6 soms per liter on July 15, 2020 ( About 1 U.
S.
dollars), rose to 159 som (about 1.
9 U.
S.
dollars) per liter on July 21, 2021, an increase of nearly double
.
According to the Kyrgyzstan Anti-Monopoly Bureau, the output of sunflower seeds in Russia in 2021 is expected to set a new historical record, reaching 15.
9 million tons, up from 15.
4 million tons in 2019.
At the same time, the price of sunflower oil in the Russian domestic market has stabilized from the end of May.
118,000 rubles per ton, down to 100,000 rubles per ton at the end of June
.
Experts from Kyrgyzstan’s Anti-Monopoly Bureau believe that the positive trend of sunflower oil in the Russian domestic market will have a positive impact on stabilizing Kyrgyzstan’s vegetable oil prices.
In addition, Kyrgyzstan has adopted a number of measures to regulate vegetable oil prices, such as the state’s macro-control of prices and the implementation of zero vegetable oil imports.
VAT policy
.
6 soms per liter on July 15, 2020 ( About 1 U.
S.
dollars), rose to 159 som (about 1.
9 U.
S.
dollars) per liter on July 21, 2021, an increase of nearly double
.
According to the Kyrgyzstan Anti-Monopoly Bureau, the output of sunflower seeds in Russia in 2021 is expected to set a new historical record, reaching 15.
9 million tons, up from 15.
4 million tons in 2019.
At the same time, the price of sunflower oil in the Russian domestic market has stabilized from the end of May.
118,000 rubles per ton, down to 100,000 rubles per ton at the end of June
.
Experts from Kyrgyzstan’s Anti-Monopoly Bureau believe that the positive trend of sunflower oil in the Russian domestic market will have a positive impact on stabilizing Kyrgyzstan’s vegetable oil prices.
In addition, Kyrgyzstan has adopted a number of measures to regulate vegetable oil prices, such as the state’s macro-control of prices and the implementation of zero vegetable oil imports.
VAT policy
.
