Egypt: The increase in the price of local and imported beans, and it is not expected to decrease in Ramadan

Obour Faraj Al-Attar, Deputy Head of the Agricultural Crops Division in the Chamber of Commerce in Cairo, confirmed the high price of beans in Egypt, relative to the imported and local ton, at a rate of 1,000 pounds per ton. Al-Attar said that the price of a ton of imported beans is 10 thousand pounds, yet there is still beans in the local market at a price of 9 pounds, and it is offered in local markets to consumers at approximately 16 pounds per kilo. The deputy of the Agricultural Crops Division added that the price of a ton of local fava beans is from 14.5 thousand pounds, an increase from one thousand to two thousand pounds per ton, and it is put in the local markets from 18 to 20 pounds per kilo. Al-Attar said that there is no question of a decrease in the price of beans in Egypt during the month of Ramadan, and we hope for stability, even if there is a slight increase; This is due to the increase in the volume of consumption of beans by 40-50% during the month of Ramadan ...