Union of Bakeries Warns After Fuel Price Rise

The article discusses Lebanon's fuel price hike crisis and its impact on bread production costs. The Bakery and Mill Union has called on the Ministry of Economy to recalculate the actual cost of producing a loaf of bread, following the increase in diesel prices from approximately $635 per ton to around $1,400, as well as a rise in wheat prices by more than $70 per ton due to the repercussions of the war in the Black Sea, transportation costs, and energy expenses. The union explained that the differences in production costs have exceeded 7,000 Lebanese pounds, warning that ongoing cost increases threaten the sector’s sustainability and the ability to maintain a fixed bread price. They urged for the actual costs to be calculated according to the agreed-upon mechanism to preserve market stability and ensure the sector's continuity.

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