THE FLOUR SITUATION.

Evening Post, Volume CXIII, Issue 49, 28 February 1927, Page 11

THE FLOUR SITUATION.

• 7llew developmeut is expected shortlr m the flour market in New Zealand (predicts the "Otago Daily Times'^). At pr&r sent there as>a dumping duty of about 12a bd a ton on all flour imported from-' Australia, due to the fact that there is thiaT amount of difference between the' home consumption price and the export prices when cash discounts, etc., are taken into consideration. Advices have been received here that the Australian millers are considering the matter of lowering, .the' home consumption price of flour, whilst keeping the export value'the.same.- -In. fact, some millers are already selling:at iower rates than.the standard..home consumption^ prices, • and if is expected,that } ,the °thers will follow almost imm;edi-: ately. If the price for home consumpi lon Jrops^by 12s 63 a ton-more,'then ,the New Zealand dumping duty rig.off: as our-Orovernment has an understand-" mg with, the Common wealth. that \it will not increase any duties without sis months prior, notice, it looks as if all tha endeavours to get the recently-imposed dumping duty put on will go for nought".*'