Egypt's bean prices increase by 1000 pounds per ton, and the kilo now costs 24 pounds to the consumer

Published 2022년 3월 10일

Tridge summary

The article reports an increase in the prices of municipal and imported beans in Egypt, with municipal beans reaching 15.5 thousand pounds per ton and consumer prices ranging from 20 to 24 pounds per kilo. Imported beans are now 10,000 pounds per ton, and consumer prices range from 14 to 16 pounds per kilo. The high prices are due to a rise in consumption and demand, especially with the upcoming Ramadan season. The Cairo Chamber of Commerce has declared a state of emergency to monitor the market and ensure market stability.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

I wrote - Enas Shaaban and Esraa Mohamed: Obour Al-Attar, Deputy Head of the Agricultural Crops Division, revealed that the prices of municipal beans witnessed an increase of 1000 pounds per ton to record 15.5 thousand pounds in total, and about 20 to 24 pounds per kilo for the consumer according to quality. The imported beans are also worth 1,000 pounds per ton, to record 10,000 pounds per ton, pointing out that the price for the consumer ranges between 14 and 16 pounds per kilo. Read also: The prices of “communal beans” decreased by 3 thousand pounds per ton during February Agricultural crops: 2000 pounds, a decline in the prices of fava beans within 40 days Al-Attar noted that about 85% of our consumption of beans is imported from 5 countries, including Australia and Canada, attributing the high prices of beans to the increase in consumption and the high volume of purchase demand, with the approach of the Ramadan season, which witnesses a ...
Source: Amwalalghad

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.