How To Decrease the Price of Butter
We could say that Poland’s butter markets are having a meltdown. The problem is the price. Poland’s Butter Prices. Planning for an unknown future, Poland created a butter reserve that lets them control supply. Now, they need it. By selling 1,000 metric tons of frozen butter, they hope to lower consumers’ prices. Through an auction, they will offer businesses 55-pound blocks (25 kilograms) of butter for a minimum price of 28.38 zlotys ($7) per kilo. By contrast, the supermarket price is approximately 39.90-49.95 zlotys ($9.84-$12.32) per kilo. Between early November and early December Poland’s butter prices rose by a whopping 11.4% while for the year, the increase was 49.2%. ….[READ]
Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by budgetbuddy.
Publisher:
