The speculations of a rise in the price of sunflower oil in the coming months due to the poor harvest in the country will not come to pass, Vladimir Ivanov, chairman of the Commodity Exchange and Wholesale Markets State Commission said for the BNR. The European market is going to make up for any possible shortages, and even if there is a price rise it is not going to exceed 10%, experts say. There will be no significant rise in the price of sunflower oil as sunflower producers and processors have warned. The European and the world markets are balanced and prices have remained unchanged for over 6 months, Vladimir Ivanov said further, and added he expected no abrupt changes. “When there is less national production that is not a good thing. But the market does not tolerate any void. Naturally, we shall compensate for the high domestic price with the import price,” Vladimir Ivanov explained.
'The quality of this year's grapes is perfect, but the quantity will be lower than last year,' said Krasimir Koev, director of the Executive Agency on Vine and Wine (EAVW), at the ninth Global Conference on Wine Tourism of the UN World Tourism..
Multilateral cooperation enables the achievement of common decisions on an equal footing among participants, said Prime Minister Rosen Zhelyazkov at the opening of the 4th Forum of Prosecutors General of the Balkan Countries, held in Sofia. He added..
A new 10-kilometer section of Hemus Motorway (A2) between the Boaza and Dermantsi interchanges has been opened to traffic. Another 3 km will be opened in November. Construction also continues on sections 2 and 3 of Hemus Motorway, which span a total..
On Tuesday, Bulgaria will experience cloudy and rainy conditions , with prolonged and heavy rain expected in the eastern and northern regions. In the..
The European Commission will announce next month the amount under the Recovery and Resilience Plan (RRP), the payment of which may be withheld if the..
''I apply the best British practices for the development of science communication in Bulgaria'', said Lyubov Kostova, Member of Board Trustees of..
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