Price of Flour Up in Costa Rica

The price of flour distributed by Molinos de Costa Rica SA increased between 8% and 10%.

Monday, February 21, 2011

The increase in the value of flour directly affects the prices of bread, cookies and pastries.

"The price of bread has been liberalized and many of the bakeries are using the situation of the rising flour to apply additional adjustments due to increases in electricity, salaries and other costs. Therefore, experience shows that the increase in the value of the bread, cookies and pasta would be greater than the amount applied to flour," Rafael Carrillo, a spokesman for Molinos de Costa Rica SA, told Nacion.com.

More on this topic

El Salvador: More Wheat Flour Production

April 2016

With the expansion of its plant from May, Agroindustrias Gumarsal will increase the number of tons of processed wheat per day from 150 to 400.

In addition to the increase in daily production of wheat flour, Agroindustries Gumarsal will be venturing into pulp, with the entry into operation of the expansion of Molinos San Juan.

Flour: Relapse into Anticompetitive Practices

November 2014

The Superintendency of Competition in El Salvador has pointed out that the businesses MOLSA and HARISA are still forging agreements on sharing the market, having been previously sanctioned for the practice.

Six years after being punished for engaging in anticompetitive practices, the companies MOLSA and HARISA are again under scrutiny by the competition regulator, whose head submitted documents "...

Removal of Tariffs on Wheat Flour

August 2012

In order to mitigate the impact of rising raw material prices on bakeries, the government of El Salvador is investigating eliminating the import tax.

The head of the ministry of economy, Armando Flores said, "We are exploring the possibility of temporarily eliminating tariffs, o as to help mitigate the price increase that has been felt."

Guatemala to Eliminate Tariff on Wheat Flour

January 2011

The Ministry of Economy proposed the elimination of the 5% tariff on imports of wheat flour.

The finance minister, Erick Coyoy, said the measure seeks to alleviate the increased price in commodities on the international market.

"The proposal must be submitted and endorsed by the Council of Ministers of Economy of Central America (Comieco)," stated the article Elperiodico.com.gt.

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