Ministry of Industry and Trade of the Russian Federation: the situation with commodity stocks in the country is stable

The situation with commodity stocks, both food and non-food, is stable in Russia. On March 5, Izvestia was informed about this in the Ministry of Industry and Trade of the Russian Federation.

It is noted that in the event of a rush demand for a specific product, the Ministry of Industry and Trade, together with the Ministry of Agriculture, retail chains and manufacturers, promptly responds.

“The largest federal and regional retail chains have decided to minimize the risks of acquiring socially significant food products by “dealers”, for which, as part of agreements with the Russian Ministry of Industry and Trade, the Russian Ministry of Agriculture and the FAS (Federal Antimonopoly Service) of Russia, a minimum mark-up has been established,” the ministry said.

The Ministry of Industry and Trade reported that in a number of regions there were cases when such goods were purchased at a time in an obviously larger volume than needed for private consumption (up to several tons) with a view to subsequent resale.

The Ministry of Industry and Trade allowed retailers to limit the sale of products

“In order not to violate the logic of the decisions developed by food retailers and authorities and to guarantee citizens the opportunity to purchase affordable products, the chains offered to give them the opportunity, guided by the real situation, if necessary, to limit the release of some goods with a minimum margin to one client,” the department added.