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Jerusalem Life

| Gov't price control leads to butter shortage

Chaya V    
Tuesday, 09 April 10:24 AM

"No one can import at the price of butter overseas and sell at the controlled price. The butter shortage will continue. The situation is absurd," importers told "Globes" today, after the Ministry of Economy and Industry changed the tender for importing butter for the consumer, following a report on the subject by "Globes."

Late last week, the ministry withdrew the tender it published for importing 1.4 million kilograms of table butter for consumers. A new tender was issued requiring importers to sell imported butter at the government-dictated controlled price of NIS 3.80 per 100 grams. The original tender published in late March, which was closed on April 3, included no binding conditions for the consumer price.


         
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