Egypt: Meat prices rise by 10 pounds due to the increase in the dollar and the difficulty of importing
Frozen Bone-In Beef
Egypt
Published Dec 9, 2022
Original content
I wrote - Dina Khaled: Haitham Abdel Basset, deputy head of the butchers division at the Cairo Chamber of Commerce, said that the price of red meat has increased since the beginning of this December by about 10 pounds per kilo. Abdel Basset added, to Masrawy, that the price of a kilo of kandouz jumped to range between 200 and 230 pounds, compared to 190 and 220 pounds last November, according to the continuity and in different popular and high-end areas. Abdel Basset pointed out that the prices of luxury items start at 230 pounds, and they are fileto, entrecote, cola, buffet, and tribianco. Abdel Basset attributed the reason behind the rise in meat prices to the increase in the prices of fodder, especially maize, due to a lack of supply in the market due to the lack of quantities received due to the documentary credits decision, in addition to the high cost of importing them after the rise of the dollar. And the Central Bank issued a decision last February, to stop dealing with ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.