Egypt: Prices of vegetable varieties decrease by 30%, lemons to decline next August - Cairo Chamber

Published 2021년 5월 5일

Tridge summary

The article highlights a decrease of 15-30% in the availability of several vegetables during the month of Ramadan, despite a high demand and an increased supply due to various state projects. The prices of basic commodities have remained stable, and agricultural crop exports have seen a record increase of 5 million tons. However, the prices of tomatoes and potatoes have increased, leading to losses for producers, and the price of lemons has decreased due to a good harvest in Minya Governorate. The prices of lemons are expected to further decrease in August, returning to normal by April 2022.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Hatem Naguib, deputy head of the Vegetables and Fruits Division at the Cairo Chamber of Commerce, revealed that there was a decrease of between 15-30% in many varieties of vegetables from the beginning of the month of Ramadan, which witnessed a strong demand for buying in large quantities, explaining that those items such as “eggplant, cucumber,” Zucchini, pepper, okra, grape leaves, and mallow. ”In special statements to“ Money of Tomorrow ”, he emphasized the availability of all varieties of vegetables and fruits in the transit market in addition to the high supply of many commodities, referring to the impact of many projects implemented by the state To increase the agricultural area as well as the greenhouse project, which contributed to the increase in supply and the stability of prices. Naguib added that despite the repercussions of Corona, the prices of basic commodities were stable and available, despite the high demand, as well as the increase in agricultural crops exports ...
Source: Amwalalghad

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