The price of 25kg flour will be increased from 2022, which will lead to an increase in the price of bread, rice flour, noodles, cookies and other food products.
The current price of 25kg flour is RM47 to RM51 and will be increased by RM5 from 2022, the latest price will be RM52 to RM56. For flour without government subsidy, the price will be increased by 30 sen per 1kg. As for flour that is subsidized by the government, the price is not affected.
Making bread, noodles, kuey teow, rice flour, cookies and other food products need to use flour, so the price increase of 25 kg of flour will also lead to the price increase of these food products, generally expected that the increase of these food products will be between 5% to 20%.
Flour mills in Malaysia import wheat from Australia, the price of wheat has also increased a lot, manufacturers are forced to raise the price of flour. Wheat belongs to the crops, in the case of logistics price increases and commodity price increases, wheat also followed the price increase.
Recently palm oil, oil, natural gas, coal, steel and other commodities are increasing in price, and this is generally expected to continue until 2022. Everyone can only be prepared for the department store to rise.
