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Yemen: Wheat prices soar on Sanaa's markets due to Russia-Ukraine conflict03:26

Yemen: Wheat prices soar on Sanaa's markets due to Russia-Ukraine conflict

Yemen, Sanaa
March 20, 2022 at 16:30 GMT +00:00 · Published

Prices for wheat and grain have soared on Sana'a’s markets in light of the Ukraine crisis as merchants and customers confirmed on Sunday.

According to trader Abdul Latif Khatam, Russian-Ukranian conflict led to substantial increase of the prices for raw grain and flour.

"Despite the war and the tragedies that Yemeni people are suffering from, they are suffering more after the Russia-Ukraine war, as prices had skyrocketed, some of which were increased by 700 percent and some of them by 100 percent, and this, of course, is the result of the Ukrainian-Russian war,” he said.

Yemeni resident Ibrahim Al-Ansi in his turn reported "insane price increment due to the Russian-Ukrainian war” to bread wheat and flour.

Minister of Trade and Industry of internationally unacknowledged Houthis government Abud al-Wahhab Yahya al-Durra called Russia and Ukraine to be "among the most important exporters of wheat" with "up to 45 percent of country's needs" imported to Yemen.

He confirmed the delay of arrival of "some ships" carrying wheat, adding that "coordination has been made with importers to fix the previous prices."

“We have enough supplies as we have directed importers to contract with India and many ships have arrived, but the quality of Russian and Ukrainian wheat is better than other countries,” Minister said.

According to UN, about 17.4 million Yemenis suffer from food insecurity, an increase of 1.2 million over last year.The UN has reportedly vowed to provide a $4.3 billion (3.89 billion Euro) aid package for the war-torn country.

Yemen: Wheat prices soar on Sanaa's markets due to Russia-Ukraine conflict03:26
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Prices for wheat and grain have soared on Sana'a’s markets in light of the Ukraine crisis as merchants and customers confirmed on Sunday.

According to trader Abdul Latif Khatam, Russian-Ukranian conflict led to substantial increase of the prices for raw grain and flour.

"Despite the war and the tragedies that Yemeni people are suffering from, they are suffering more after the Russia-Ukraine war, as prices had skyrocketed, some of which were increased by 700 percent and some of them by 100 percent, and this, of course, is the result of the Ukrainian-Russian war,” he said.

Yemeni resident Ibrahim Al-Ansi in his turn reported "insane price increment due to the Russian-Ukrainian war” to bread wheat and flour.

Minister of Trade and Industry of internationally unacknowledged Houthis government Abud al-Wahhab Yahya al-Durra called Russia and Ukraine to be "among the most important exporters of wheat" with "up to 45 percent of country's needs" imported to Yemen.

He confirmed the delay of arrival of "some ships" carrying wheat, adding that "coordination has been made with importers to fix the previous prices."

“We have enough supplies as we have directed importers to contract with India and many ships have arrived, but the quality of Russian and Ukrainian wheat is better than other countries,” Minister said.

According to UN, about 17.4 million Yemenis suffer from food insecurity, an increase of 1.2 million over last year.The UN has reportedly vowed to provide a $4.3 billion (3.89 billion Euro) aid package for the war-torn country.