Egypt's bean prices increase by 1000 pounds per ton, and the kilo now costs 24 pounds to the consumer

Dried Common Bean

Egypt

Published Mar 11, 2022

Tridge summary

I wrote - Enas Shaaban and Esraa Mohamed: Obour Al-Attar, Deputy Head of the Agricultural Crops Division, revealed that the prices of municipal beans witnessed an increase of 1000 pounds per ton to record 15.5 thousand pounds in total, and about 20 to 24 pounds per kilo for the consumer according to quality. The imported beans are also worth 1,000 pounds per ton, to record 10,000 pounds per ton, pointing out that the price for the consumer ranges between 14 and 16 pounds per kilo.

Original content

Read also: The prices of “communal beans” decreased by 3 thousand pounds per ton during February Agricultural crops: 2000 pounds, a decline in the prices of fava beans within 40 days Al-Attar noted that about 85% of our consumption of beans is imported from 5 countries, including Australia and Canada, attributing the high prices of beans to the increase in consumption and the high volume of purchase demand, with the approach of the Ramadan season, which witnesses a significant increase in the rate of consumption of beans compared to the rest of the months. The operations room of the Cairo Chamber of Commerce announced a state of emergency to follow up on the market and its latest developments, especially with regard to basic commodities and preparing for the holy month of Ramadan. This came in accordance with the directives of Eng. Ibrahim El-Araby, President of the General Federation of Chambers of Commerce and President of the Cairo Chamber, to ...

Source: Amwalalghad