Egypt: The price of a ton of flour fluctuated by 1,000 pounds in 48 hours

Published 2022년 3월 22일

Tridge summary

The article discusses the fluctuation in flour prices in Egypt, with the Minister of Supply assuring that wheat will be supplied to mills in the near future. Currently, flour is being sold at 8,600 pounds per ton to tourist bakeries, but prices are expected to stabilize in about 4 days. The General Division of Bakeries has assured the public that there are no shortages and that the price of flour is expected to decrease to less than 8,000 pounds per ton soon. The division also stated that all necessary food commodities are available and that there is a strategic stock sufficient for up to 6 months.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Abdullah Ghorab, head of the General Division of Bakeries, revealed the fluctuation in the price of flour at the present time, stressing that the Minister of Supply stated that within two or three days, wheat would be supplied to the mills, and the flour would be sold at 8,600 pounds per ton to tourist bakeries. Ghorab added, in a telephone interview with Ahmed Moussa, on the "On My Responsibility" program, that after about 4 days, the price of a ton of flour will be stable; During which bakery owners can receive a ton of flour at the price set by the Ministry of Supply. He added that the division is always on the side of the citizen, and the price of wheat rose overnight, but the price of a ton of flour decreased by one thousand pounds within 48 hours, adding: "He will come again as soon as the wheat is supplied and the milling and supply begins, and it will be less than 8,000 pounds." He stated: "Everything of the commodities is currently available, and ...
Source: Soutalomma

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