December 6, 2012 - 12:49 AMT
Armenian importer forecasts grain prices drop during New Year

Stabilization has recently been recorded in the global grain market, finance director of Manana Grain LLC said.

“Our business depends on the stability of world prices,” Armen Manukyan said.

Dwelling on the possible upsurge of wheat and flour prices ahead of winter holidays, the company representative forecast no sharp shifts.

He further deemed drop in grain prices possible during the New Year.