Tuesday , November 24 2020

The cost of packaging may increase the price of the food



The Herald

Enacy Mapakame
If tomorrow's meetings between food producers and packaging manufacturers do not reach consensus after rising cost of packaging more than 500%, the food prices may rise.

Food and bread rollers have dropped their prices more than twice, which, depending on the situation, raises grain prices from $ 5.50 to $ 10 per hour.

For example, the packaging of bread has increased from 3 cents to 6 cents per cit to 22 cents.

The price of 5 kg fatty food packages rose from 85 cents to 37 cents, and increased from 62% to 37 cents in 10 kg pockets.

Packing in 20 kg packages now includes 89 cents, which grows by 122%, while 50 kg is 89 cents, which is 114% of the previous price.

Pipropylene, now rated at $ 1.34 at RTGS or RTGS, is now valued at 2.76 US dollars, and the plastic laminator will now increase by 1, 400 percent, from $ 5 to $ 5 per kilogram.

At present, despite the shortage of foreign currency in the country, some packaging producers now require the payment of the US deficit, with the difference in real-time settlement (RTGS).

On Wednesday (Wednesday), a crisis meeting between manufacturers of local and regional packaging companies is planned, which will depend on the instability impairment that may affect the whole value chain.

General Manager of Zimbabwe Association of Farmers (GMAZ) Lynett Veremu said there was an urgent need to reduce the price of packing.

If it does not do so, it can raise food prices. The price of bread has recently risen from $ 1.10 to $ 1.10.

"They have not only raised prices for some 700 percent in some cases, but also demanded payments in foreign currency, so we organized this meeting so we could talk about the consequences for consumers.

"We also invited South African companies in the production of packaging materials, so we share a common opinion with our efforts to find a solution that does not affect the already consumed consumer. "said Miss Veremu.

Also at tomorrow's meeting, industrial players can reconsider the effects of the 2017 switchover cutoff in the milling industry.

Last month, the government temporarily upgraded legislation to allow legal entities and individuals to import certain goods and return deficits.

This country suffered a shortage of basic foodstuffs such as sugar, oil and flour.


Source link