Egypt: Bean reserves are sufficient for 3 months and a slight increase in their prices
Published Feb 28, 2022
Tridge summary
The Ministry of Supply and Internal Trade has announced a sufficient stock of fava beans and other basic food commodities for the next three to six months, with meat reserves lasting over eight months. As a result, fava bean prices have slightly increased by 0.13%. The Customs Authority has also lifted any restrictions on the export of beans and gravel, confirming that there is no ban on their export.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The Ministry of Supply and Internal Trade confirmed the availability of a strategic stock of the fava bean commodity sufficient for the next three months, and that the strategic reserve of all basic food commodities is sufficient for periods between four to six months, in addition to the availability of a strategic stock of meat sufficient for more than eight months. This has witnessed The prices of the fava bean commodity today, Monday, the 28th of this month, a slight increase of 0.13%, as the price of a kilo packed in the market today recorded 24.89 pounds. Al-Masry again. And the Customs Authority had confirmed through an export circular issued No. 10 of 2021 that there are no restrictions on the export of ...
Source: Akhbarelyom
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