Brazilian pork suppliers to raise prices for Russia

[DARPA]

Interviewed agency experts do not rule out that the pricing is a result of cartel

MOSCOW, August 15. / ITAR-TASS /. Brazilian suppliers of pork raised selling prices for Russia after the introduction of food sanctions. This was reported by ITAR-TASS interviewed importers with reference to price lists Brazilian suppliers. While Brazil remained the only permitted a major supplier of pork to Russia, they said.

Rosselhoznadzor expanded the list of Brazilian suppliers of pork to Russia
"A week before the imposition of sanctions, they offer their products at the rate of $ 5.3-5.4 per kilogram boneless hams, now offer at $ 6,95-7,3 per kilogram," - said the representative of the company Smithfield Foods pig Eric Kartvelishvili.

This situation could have a negative impact on the financial stability of the Russian meat processors and reduce the quality of meat products, experts say. "It's shamelessness: Ukraine, Azerbaijan, Armenia, Georgia and many other countries receive Brazilian pork $ 4 cheaper," - emphasizes Kartvelishvili.
The reason for speculation Brazilian producers lies in the high degree of concentration of the market, says the head of the National Meat Association Sergey Yushin. "It is possible that prices are formed as a result of cartel. Manufacturers committed to the Russian market, mainly belong to two or three multinational companies of Brazilian origin," - he says.