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South Africa's Competition Commission says food producers and retailers imposed unjustified price increases on sunflower oil, bread and maize meal over 2021-2022. It also noted that trade policy decisions affected poultry product prices in 2022.
The report signals regulatory scrutiny of food pricing in South Africa, which may affect margins for poultry and maize-based feed chains but has limited direct effect on world grain or oilseed prices.
bizcommunity.comCraig Comrie, Karabo Ledwaba, Paul Makube, Danette Breitenbach, Katja HamiltonMar 29, 2023Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
