The rise in price of sugar and oranges on the world market is practically a foregone conclusion. The corresponding statement was made by Associate Professor of the Department of State and Municipal Finance of the Russian University of Economics named after G.V. Plekhanova Maria Dolgova.
According to her, sugar will rise in price due to rising gasoline prices in Brazil. As a result, many consumers there switched to biofuels and ethanol. And they are prepared, including from sugar cane, the agency reports. “Prime”.
In addition, the rise in the cost of sugar is due to the strengthening of the Brazilian real against the dollar. Unfavorable weather conditions in India and rising demand in China will also affect the price.
As for oranges, they also rose in price by one and a half times last year compared to 2021. The reason was also the weather.
Earlier it was reported that ordinary onions in the Philippines began to cost about $ 12 per kilogram, that is, more than 800 rubles. The vegetable has become three times more expensive than chicken and about a quarter more expensive than beef.
Onions in the Philippines have become one of the scarce products, and dealers are blamed for the jump in prices. True, scarce products in the country are almost everything, from salt to sugar.
