Egypt: Sham El-Nessim coincided with Ramadan, lowering the prices of herring and fesikh

Published 2022년 4월 20일

Tridge summary

The Food Division has noted a decrease in the prices of herring, fesikh, salted sardines, and egg cartons this Easter, attributed to the overlapping of Ramadan and Easter. However, the division has expressed concern over a decrease in merchants' profit margins due to companies reducing product sizes while increasing carton numbers. The division is calling for a return to the Ministry of Commerce and Industry for product weight and carton content adjustments, and for approval of price increases and profit margins by the Chamber of Commerce.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Food Division monitored the prices of herring and fesikh on the occasion of Easter for the Christian brothers, and the division indicated that prices this year were low due to the month of Ramadan coinciding with Easter Day. Commercial, that all items are available in the market at low prices. Al-Munofi explained that the price of a kilo of herring ranges between 30 and 50 pounds, while the price of a kilo of medium-sized fesikh reached 80 pounds and the price of large-sized fesikh 100 pounds, and the price of a kilo of salted sardines reached 40 pounds, and the price of a kilo of salted sardines reached A white egg carton is 55 pounds and a red 60 pounds. On the other hand, the division demanded an increase in the profit margin of merchants after companies and producers decided to increase the number of cartons while reducing the size of the product, which indirectly reduced the merchant's profit margin. Merchants without supervision, as some companies increased the number of ...
Source: Akhbarelyom

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