Paper in Russia is already more expensive than “securities” of Russian companies.
As a result of the sanctions imposed on Russia and the resulting shortage of a variety of goods and rising prices in the country, the value of, in particular, one sheet of A4 paper in Russia already exceeds the value of one share of Sberbank. Mikhail Khodorkovsky, the former head of the Yukos oil company, who spent 10 years in prison on false charges on a false charge, wrote about the post-sanctions features of the Russian economy.
“A pack of paper in a store costs ₽2000. It contains 500 sheets. It turns out that an A4 sheet is not only four times more expensive than a ruble, but also costs more than Sberbank's share on the London Stock Exchange. That is, Putin turned Russian rubles into Russian rubles. shares in paper are an insult to paper, ”he said.
It will be recalled that the shares of Russian companies and banks turned into garbage in fact a few days after the imposition of sanctions . The dizzying fall in the value of strategic Russian companies ended in the loss of more than 95 percent of their price.
March 1 the Finnish chemical company Kemira has stopped supplying to Russia and Belarus sodium chlorate, which makes the paper white, usable. The next day, a major office paper manufacturer SvetoCopy from the Leningrad region stopped issuing A4 sheets.
Against this background, paper in offline and online stores has risen several times. At the marketplaces price of paper varies from 700 rubles to two thousand for one pack, and in some offline stores paper began to be sold in a limited version – no more than two packs in one hand, for example. However, the shelves are still empty.
Reports of the disappearance of ordinary office paper in trade in Russia began to appear last week. In particular, school principals in at least three districts of St. Petersburg have been advised to suspend all-Russian tests since Monday, March 21, if they are not conducted electronically.
