Determining the selling prices of a ton of wheat and flour for ration mills and bakeries in Egypt

Published Nov 26, 2021

Tridge summary

Ali Al-Moselhi, the Minister of Supply and Internal Trade, has set the prices for trading wheat and ration flour at 5525 pounds per ton and 6900 pounds per ton respectively. The decision, which was implemented from November 25, 2021, supersedes any previous contradictory directives. The article also highlights the concerns of Hussein Boodai, head of the Mills Division of the Federation of Industries, regarding the unchanged special milling cost of flour supplied to subsidized loaf bakeries since August 2017. It also mentions the financial obligations owed to mills that participate in the subsidized bread system, ranging from 170 to 180 million pounds.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Ali Al-Moselhi, Minister of Supply and Internal Trade, issued a decision on November 25, 2021, regarding setting the prices for trading wheat and ration flour 82% to go as follows: The selling price of a ton of ration wheat of various grades delivered to ration mills is set at 5525 pounds per ton, according to the average The cost of providing a ton of wheat, delivering the silos and the barns in which the supply wheat is stored. The decision indicated that the sale of a ton capacity of the ration flour extracts 82% at a price of 6900 pounds per ton, for bakeries operating in the new system, at 690 pounds for a 100-kg sack, and 345 pounds for a 50-kg sack. The ministerial decision stressed that the decision is being implemented, starting from yesterday, Thursday, November 25, and the concerned authorities must implement this directive, and everything to the contrary is canceled. Read also “Alexandria Oils” postpones exports to South Sudan and Malaysia until 2022 It is noteworthy ...
Source: Almalnews

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