Dolphin tuna prices increased between 7-15 pounds per package during this January in Egypt

Published 2023년 1월 3일

Tridge summary

The article reports a significant increase in the price of Dolphin tuna in Egypt's market, with a per-carton rise ranging from 350 to 730 pounds due to factors such as a 3% interest rate hike, difficulty in obtaining dollars, and delayed releases of goods. Despite these price hikes, the release of over one billion and 236 million dollars worth of commodities and raw materials in the last week of December has led to the stability of prices for many commodities and the return of normalcy in the market. However, the prices of other tuna products have also increased, and the government is working to prevent monopolies and increase supply to ensure market stability and accessibility of commodities to citizens.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A new increase in the prices of Dolphin tuna of all kinds in the Egyptian market, with an average of 7 to 15 pounds per carton, and an average increase per carton between 350 to 730 pounds per carton, due to the 3% interest rate hike and the difficulty of obtaining dollars for some companies and the release of goods until the beginning of the month. last December. And the Federation of Chambers of Commerce announced yesterday that during the last week of last December, commodities and raw materials exceeded one billion and 236 million dollars, which included 195 million food, 89 million fodder, 35 million medicines and medical supplies, 16 million chemicals, and 686 million production requirements for the food and pharmaceutical industries. And others, in addition to about 216 million miscellaneous commodities, exceeding what was released by $ 6 billion, which led to an abundance in the markets and the stability of the prices of many commodities and the return of their prices to ...

Source: Almalnews