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Parasitic pricing raises food prices

A difference between wholesale and retail prices is nothing new. In addition to incorrect practices, there is also a fragmented supply. This became clear from the comments made to bTV by Vladimir Ivanov, chairman of the Commodity Exchanges and Markets Commission.

As a solution to the problem he gave Spain. There, producers’ associations unite and create their own supermarkets.

In our country we have parasitic pricing, Ivanov thinks. On many products markup is over 100%.

There is an incorrect trade practice for it. Bad practices are in retail, it became clear from his words. The wholesale markup is about 1%.

The pricing method needs to be cleared, Ivanov thinks. There are excess profits that the control authorities have found. Association of agricultural producers was not stimulated. He declared for consolidation of the sector.

We are far from the situation of overcontrol, stressed Vladimir Ivanovo. Currently, state control is more coordinated.

Where do you think prices are inflated?

In the big chains
20.9%

In the small shops
2.2%

In the markets
1.1%

At gas stations
1.6%

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