EN
26 July 2010 - 11:40 AMT

Why prices for ice-cream grow in Armenia?

Several days ago, Grand Candy company increased its prices for ice-cream.

Head of International Relations and Supply Department of the company Liana Pitikyan said that prices for basic raw materials, which are purchased from Belarus for ice-cream production, started growing from March. Specifically, increase was recorded in prices for milk powder and dairy butter.

“The prices continue growing in Belarus, what naturally has had an impact on our products,” Pitikyan told a PanARMENIAN.Net reporter.

According to Pitikyan, 10% average growth was recorded in prices for ice-cream produced by Grand Candy company. “We were trying to suppress the increase in prices, hoping for their stabilization and even decrease, but they continue growing and further situation is unclear,” noted Liana Pitikyan.

At the same time, she expressed hope that the situation will stabilize in the near future, as the market of Belarus is the most acceptable one by its quality.

Answering a question on search of alternative markets, the company’s representative said that they are studying other markets and in case of a sharp increase in prices, they can change the importing country, “but not at the expense of basic raw materials’ quality.”

Meanwhile, Ashtarak-Kat CJSC was unable to answer the question on increase in prices for dairy raw materials.