Egypt: Putting out Brazilian chicken in those places, catch the 50,000 tons before the quantity runs out

Published Feb 25, 2023

Tridge summary

The Ministry of Supply and Internal Trade in Egypt has introduced 50,000 tons of frozen Brazilian chicken into the market, priced from 65 pounds per kilo, following a significant rise in local chicken prices. This move was initiated after consumers started purchasing Brazilian chicken, leading to a decrease in local chicken prices. The Brazilian chicken will be available in consumer complexes across the country. Dr. Tharwat Al-Zeini, Vice President of the Poultry Producers Union, views this as a necessary measure to stabilize the market and believes that local chicken production will increase in the coming weeks, further reducing prices.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The government, represented by the Ministry of Supply and Internal Trade, offered 50,000 tons of frozen Brazilian chicken, at a price starting at 65 pounds per kilo, in the branches of the consumer complexes of the Holding Company for Food Industries. The introduction of these quantities of Brazilian chickens came after the large increases that occurred in the price of a kilo of local chickens, which ranged from 85 pounds to 117 pounds in the governorates of the Republic. This led to the start of a noticeable decline in the prices of local chickens after many consumers tended to buy Brazilian chickens from the branches of consumer complexes spread throughout the Republic. Many consumers are wondering about places among the frozen Brazilian chickens in the local market to buy them after the unjustified rises among poultry traders despite the decline in local chicken prices to 75 pounds instead of the lowest price of 85 pounds. The Brazilian chicken is offered in any consumer branch ...
Source: Almalnews

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