100 million will be paid for the storage of sugar from the intervention fund in Bashkiria

JSC "United Grain Company" (OZK) announced a competitive selection for storage in Bashkiria of SUGAR from the reserves of the federal intervention fund. For a three-year storage of 8 thousand tons of products, the winner of the procedure is ready to pay up to 99.2 million rubles, follows from the information posted on the public procurement portal.

According to the terms of reference, the custodian is obliged to ensure the storage of sugar packed in 50 kg bags purchased during procurement interventions, ensure its safety and return it at the time of demand. In total, the OZK, on ​​behalf of the Ministry of Agriculture of RUSSIA, is currently selecting sugar custodians in 16 regions, and in 24 subjects they are looking for grain custodians of the intervention fund. In total, by 2024, it is planned to form an irreducible reserve of grain of the intervention fund in the amount of 3 million tons, sugar - 250 thousand tons.

As RBC reported, the federal Ministry of Agriculture proposed the government to create a state sugar intervention fund in May 2021. Sugar stocks are formed to ensure uninterrupted supplies and maintain stable prices.

According to Olga Zhiltsova, Candidate of Economic Sciences, Associate Professor of the Department of Logistics and Marketing of the Financial University under the Government of the Russian Federation, in the current economic and political conditions, the intervention mechanism is of great importance.

“An example of such a mechanism in action is the release of oil from US reserves , which was announced recently. Strengthening the regulatory pressure on the market of agricultural products, including sugar production, is necessary as a restraining mechanism for prices. The main task for our country now is the creation of reserves, since market mechanisms in such a period do not fully cope with their regulatory function, creating a stir in the food markets and rampant speculation, ”the expert said in a conversation with RBC Ufa.