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March 20, 2022
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What increases did raw materials record?

What increases did raw materials record?

The raw Materials used by members of the Union of Medium and Small Flour Industrialists (umphi) experience increases of between 11 and 33% from June 2021 to March 2022.

After this panorama, they value as positive the measures announced by the Ministry of Industry, Commerce and MSMEs (MICM) to subsidize wheat imports with 20%, to maintain current flour prices for the next 45 days.

It is recalled that in June of last year the price of bread was readjusted to two for 15 pesos, but, to date, both the flour Like other ingredients, they have had price increases, such is the case of propane gas and all fuels, labor with the salary increase, social security and electricity, among other inputs.

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The umphi presented the price variations of the raw Materials used by the sector from June 2021 to March 2022:

Flour wheat RD$1,850.00 RD$2,250.00 RD$400.00 22%
Vegetable shortening RD$1,217.00 RD$1,620.00 RD$403.00 33%
Yeast RD$129.90 RD$143.00 RD$14.10 eleven %
ground salt RD$458.37 RD$554.63 RD$98.26 twenty-one %
Vegetable oil RD$1,461.63 RD$1,686.90 RD$225.27 fifteen %
Improver 10 pounds RD$1,271.06 RD$1,436.44 RD$165.44 12.9%
cream sugar RD$2,462.90 RD$2,489.21 RD$26.00 twenty-one %

The umphi requested the President of the Republic, Luis Abinader, and the Minister of Industry, Commerce and MSMEsVíctor Bisonó, that in his interest and that of the sector to maintain stability in bread prices, extend the subsidy so that, in addition to guaranteeing bread prices, the survival of more than 3,000 industrialists is supported, being 99% MSMEs with the generation of more than 100,000 direct and indirect jobs.

The board of directors of the umphi explained that the industrial sector of the flour It has the installed capacity to guarantee the supply of all the bread consumed nationwide.

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