The Coffee Division in Egypt reveals reasons for recent price increases

Written by - Dalia Al-Dhanini: Hassan Fawzy, head of the Coffee Division at the Chambers of Commerce, revealed the reasons for the rise in coffee prices, noting that global prices have witnessed a 15% increase in the recent period. Fawzy confirmed, during a phone call with the media figure Sayed Ali on the "Hadrat Al-Mowaten" program, on Al-Hadath Al-Youm channel, that the division rejects any increases in coffee prices at the present time, with the exception of shops that do not have stock, as they will have to buy at the current increase prices. He also indicated that the price of plain coffee reached 480 pounds, while the price of roasted coffee reached 600 pounds, stressing that 95% of shops sell at these prices, explaining that the coffee stock is sufficient for two months. Regarding prices, the head of the ...