Rice prices in Egypt rose by 200 pounds per ton in the markets

Published 2024년 12월 5일

Tridge summary

The article reports an increase in rice prices in Egypt, with barley rice seeing a rise of EGP 200 per ton, now priced at EGP 16,200 and EGP 15,000 for broad and fine-grain varieties, respectively. The price of white rice also increased, ranging from EGP 23,000 to EGP 28,000 per ton. The Ministry of Supply in Egypt is playing a role in regulating these market prices through various strategies, including importing rice from abroad and controlling cultivation areas.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Al Mal learned from responsible sources in the Chamber of Grains that rice prices in Egypt have increased by EGP 200 per ton of barley rice, with stable demand for the strategic commodity. The sources said that a ton of broad barley rice rose from EGP 16,000 to EGP 16,200 in the mills during the current week. The sources explained to Al Mal that the prices of fine-grain barley rice recorded EGP 15,000 per ton, an increase of EGP 200 as well. He pointed out that the price of white rice ranges between EGP 23,000 and EGP 28,000 per ton in the markets, depending on the type of grain and the percentage of breakage. The Ministry of Supply offers large quantities of rice in the markets through exhibitions held and its affiliated entities, in addition to importing quantities from abroad to offer them in the markets. The government has ...
Source: Almalnews

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