Enterprises cautiously adjust commodity prices
Input costs increased from 10 to 30%, making the selling price of eggs even lower than the cost of about 200 VND / fruit. Vinh Thanh Dat Company confirmed that it is trying its best to keep the price stable until the end of March. However, to match the actual costs, the business has consulted the Department of Finance to adjust the selling price. less than 10% increase.
“Eggs are one of the essential commodities and are very close to consumers, so changing the selling price below 10% is a carefully calculated level to benefit consumers,” said Mr. Truong Chi Cuong. , Deputy General Director of Vinh Thanh Dat Company, shared.
Please adjust the selling price to increase by less than 10% is also the recommendation of Tan Quang Minh Co., Ltd. to face the pressure of fluctuating production costs. In order to keep prices at the lowest level, businesses have minimized costs and updated machines to increase productivity.
From April 1, businesses can adjust the price of goods in line with production costs. (Illustration image – Photo: Investment Newspaper)
“When consumers hear about a 10% or above 10% price increase, the reaction is very detrimental to suppliers. We are extremely cautious when it comes to price increases. We have to see how purchasing power is doing now. , has the average income of the people improved? Only then will we offer an appropriate price increase,” said Mr. Nguyen Dang Hien, General Director of Tan Quang Minh Co., Ltd.
The Department of Industry and Trade of Ho Chi Minh City said that the price adjustment was made by enterprises on the basis of proof of increased input costs. The Department will advise the City People’s Committee on solutions to calculate additional support for businesses to stabilize input costs.
“Calculate, provide additional support for businesses, keep input costs increased at an appropriate level so that enterprises can rest assured in production, and keep prices stable in the long term. In case the input is too high, it must also be adjusted. for businesses to balance benefits between businesses and the community,” said Deputy Director of Ho Chi Minh City Department of Industry and Trade Nguyen Nguyen Phuong.
As for the distribution system, in the immediate future, supermarkets have negotiated with suppliers on a roadmap to increase prices, while actively stocking up on goods, implementing many price policies to stabilize the market.
Ho Chi Minh City Department of Industry and Trade said it will closely monitor price movements to avoid price increases “dropping water with the rain”.
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