Recently, a number of grain companies confirmed that large-scale grain companies such as Guchuan Flour and Wudeli Flour have received notice from the relevant state agencies and require companies to delay price increases for two months. The major companies originally scheduled to raise the price of flour in April was suspended. This is another limit to the price of edible oil after the price limit.

Due to high raw material prices for wheat purchases, the flour enterprise was originally scheduled to raise prices at the end of April. The National Development and Reform Commission then discussed the company’s responsible persons twice in January. Major companies were required to raise prices before the two sessions of the country. At the same time, in order to make up for the loss of the enterprise, the State Grain Administration has arranged for companies to bid for low-priced wheat.

The old ship flour, Wudeli flour two companies responsible person said that due to being interviewed, it is determined that the end of April will not raise prices, delayed until June this year.

The survey found that the price of the old ship’s regular high-strength powder (50 pounds), which is commonly consumed by the public, is 71 yuan per bag, while the Suntory rich powder is 72 yuan per bag.

Flour does not benefit from price rises by the public, and dealers can also guarantee sales, but companies say “there are hardships”. According to experts from the ancient ship flour company, the wheat products currently used include US wheat, Canadian wheat, and Australian wheat, and the purchase price of domestic wheat is high, so the cost of raw materials is greatly increased.

The relevant person in charge of Suntory Flour said that the biggest pressure on the company is logistics costs and labor costs. The person in charge said that selling flour now is not profitable.