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The Board of Transparency and Trade Price Monitoring made public this Wednesday the prices for basket products, such as flour, rice, oil and sugar.
In the points of sale, long grain rice will be sold for 104 lek / kg, sugar for 123 lek / kg, sunflower oil for 321 lek / liter and flour for 90.5 lek / kg.
The Board decided that for the long grain rice item (1 kg packaged) the following margins are approved:
a) The trade margin of the wholesaler of long rice, which is packaged locally by the distributor, is 12.4% on the cost of customs clearance of the product, including duties paid to customs, or expressed in the amount of 11 ALL / kg.
b) The trade margin of the retailer of long grain rice packaged locally by the distributor, is 4% above the wholesale price calculated according to letter “a” of this point, or expressed in the amount of 4 ALL / kg.
The following margins are approved for the sugar item (1 kg):
a) The trade margin of sugar from the importer (unpackaged), is 3.7% above the weighted average cost of customs clearance of the product, including duties paid to customs, or expressed in the amount of 4 ALL / kg.
b) The trade margin of the wholesale sugar seller, who realizes the packaging of the packaged product in the country, is 7.2% on the purchase price of the product calculated according to letter “a” of this point, or expressed in the amount of 8 ALL / kg.
c) The trade margin of the sugar retailer is 3.4% above the wholesale price calculated according to letter “b” of this point, or expressed in the amount of 4 ALL / kg.
The following margins are approved for the sunflower oil article:
a) The trade margin of the wholesaler of sunflower oil packaged locally by the distributor, is 12.5% above the weighted average cost of customs clearance of the product, including duties paid at customs, or expressed in the amount of 35 ALL / liter.
b) The trade margin of the retailer of sunflower oil is 1.9% above the wholesale price calculated according to letter “a” of this point, or expressed in the amount of 6 ALL / liter.
The following margins are approved for bulk flour:
a) The trade margin for the mass flour product for bread production, traded by the wheat processor, is 33% above the weighted average cost of customs clearance of the wheat product, including duties paid to customs, or expressed in the amount of 21.5 ALL / kg.
b) The trade margin of the retailer of the mass packaged flour product is 4.6% above the wholesale price calculated according to letter “a” of this point, or expressed in the amount of 4 ALL / kg.
The prices of the basket products will be monitored weekly by the transparency board that determines the profit margin of the businesses.
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 more than a month, our country has been facing rising prices of basic products for living and hydrocarbons, oil, gasoline and gas, as a result of the war in Ukraine.
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