The largest hypermarket chain in Russia’s Far East is restricting how much sugar, salt, and other essential foods people can purchase amid a buying frenzy triggered by fears of future shortages.
Samberi, which has 30 hypermarkets in nine cities in the Far East, announced restrictions on 10 items, including baby food, on its social media page on March 12.
“In essence, we are seeing signs of speculative demand. People are buying from us at reasonable prices and reselling them in other stores at higher prices,” Samberi said.
The hypermarket said demand for sugar has risen 400 percent compared with the average and that the sizes of individual purchases resemble what a small neighborhood retail store would buy, implying owners of mom-and-pop shops could be turning to Samberi to fill up their empty shelves.
Russians have been panicking about the prospects of food and goods shortages ever since the United States and its allies imposed punishing financial sanctions on the country after it invaded Ukraine.
Samberi is restricting the purchase of sugar, flour, buckwheat, pasta, and rice to 10 kilograms; cooking oil to 10 liters; salt to 3 kilograms; saury fish to 10 cans; baby food mix to three cans, and Pampers to five packs.
Hal Turner Editorial Opinion
I have been telling my readers and radio audience FOR MONTHS to "prep" and "stock-up" because war is coming. War over the Russia-Ukraine thing that the West fomented, facilitated and financed since 2014 when it helped overthrow the duly elected president of Ukraine. Now, we see Russians engaged in "frenzy buying" for "fear of future shortages." THEY know war is coming. THEY know they will need long term supplies. THEY are doing something NOW, before the war hits. Are you?
