BANKEBI DA FINANSEBI: “PRICE OF ONE SACK OF FLOUR DECREASED BY 13 LARI – WHAT CAUSED CHANGE OF PRICE?”

Levan Silagava, executive director of Georgian Wheat and Flour Producers Association, declared that price of wheat has declined on the world markets, and in Georgia the price of 1 sack of high-quality flour makes up 72 lari now instead of the previous 85 lari.

Two factors – the so-called corridor of Ukraine (delivery of grain from the ports of Ukraine) and very reach wheat harvest in Russia caused price reduction, Silagava said, noting that the floating customs duty in Russia has also decreased significantly.