Egypt: Grain traders expect the effects of the decisions to stop the export of products to be reflected on the market within 10 days

게시됨 2022년 3월 14일

Tridge 요약

The Ministry of Trade and Industry in Egypt has implemented a temporary ban on the export of crushed beans, gravel, flour, and pasta for the next three months, in an effort to stabilize local market prices and ensure the availability of these essential food items. This decision, praised by traders and industry representatives, aims to combat the effects of the ongoing global supply chain disruptions, particularly those caused by the war in Ukraine, on the price stability of key foodstuffs. The implementation of this measure, expected to be noticeable within a week to ten days, is viewed as a necessary step to mitigate price hikes and secure the supply of these staple foods for the public, especially during the high consumption period of Ramadan.

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원본 콘텐츠

A number of traders of grains, grains and agricultural crops in Alexandria and Beheira confirmed that the decision of the Ministry of Trade and Industry to stop the export of crushed beans and gravel, and to stop the export of flour and pasta of all kinds, for a period of 3 months from the date of what was issued three days ago came in good timing to limit the increase in prices, and work on Providing goods in local markets. The merchants added that the results of the Ministry of Trade and Industry’s decision to stop the export of crushed beans and gravel, and to stop the export of flour and pasta of all kinds, for a period of 3 months from the date of what was issued three days ago, will not appear directly in the markets, but needs a period ranging from a week or ten days to start the consumer to feel the results. Some traders indicated that the public interest requires taking these measures, which will have pros and cons to stop any increase in prices, as it coincides with the ...

출처: Almalnews