Large mayonnaise and sauce manufacturers have announced to retail chains that their sales prices have risen by an average of 10% since April. The reason will be the continued increase in oil, packaging and fuel costs. After the introduction of oil export tariffs, some participants are waiting for the situation to stabilize. But other market participants predict that the prices of various foods will rise in the middle of this year. “businessman”.
Efko Group Company (Sloboda brand), Nizhny Novgorod Oil Factory (NMZhK; Ryaba, Sdobri brand) and Skeet Company warned retailers that the selling price of mayonnaise and sauces in April will increase by 5-12%, depending on the type of product. This is due to the fact that the prices of main raw materials continue to rise: from the end of 2020 to March, the price of sunflower oil has risen by 59%, and the price of tropical oil and its distillates has risen by 20-44%, packaging, fuel, lubricants And the cost of logistics has also increased. They emphasized that a 10% price increase cannot compensate for the increase in production costs, but can only avoid losses.
Leonid Axelrod, Skeet’s commercial director, said that the increase in sunflower oil prices has become a “disaster” for processors because the two companies were unable to modify their prices appropriately. For retail chains, the maximum price of a bottle is set at 95 rubles. 1 liter, the refinery can only buy oil at the export price-130-135 rubles. 1 liter
Leonid Baryshev, general manager of Essen Production Company (Maheev brand), said that almost all suppliers of raw materials and ingredients-vinegar, film, oil, sugar-adjust their prices every month. Maxim Basov, general manager of the Rusagro group of companies (“hostess’s dream”, etc.), said that the group increased the prices of certain products in certain regions by less than 10%, and they had “almost no profit”. Market sources pointed out that price increases are reported by major suppliers, and chain stores will have to accept their terms.
Sovecon director Andrei Sizov said that since the beginning of the year, the average price of sunflower oil in Russia has increased from 88,000 rubles to approximately 118,000 rubles. Per ton, it has stabilized at this level so far. Worldwide, the price of sunflower oil has fallen from approximately US$17,000 to US$1.5 thousand. Rusagro expects Russian oil prices to fall, taking into account the implementation of tariffs and the appreciation of the ruble.
According to Dmitry Rylko, director of the Agricultural Market Research Institute, it is expected that suppliers of oil products, including vertically integrated holding companies, will try to compensate for bottled oil price restrictions at the expense of mayonnaise. Because mayonnaise is very popular in Russia. At the same time, certain companies can raise prices than others in an attempt to increase their market share.
The Ministry of Agriculture stated that the new measures to support the industry and the regulation of oilseed exports will help maintain the required profitability, reduce the cost of purchasing mayonnaise and seasoning ingredients, and maintain a stable price level. However, market participants said that the situation of rising raw material prices in the food industry is developing rapidly. Almost all product suppliers can raise prices in the middle of the year, except for meat, which has already risen sharply in 2007. price. According to him, the prices of dairy products, sweets, beverages and snacks may rise several times.