Egypt: The catering outperforms the private sector in stabilizing meat prices

Published 2021년 2월 24일

Tridge summary

The article highlights a significant decrease in the prices of vegetables, fruits, and meat in the Egyptian markets, with the Ministry of Supply and Internal Trade reducing the prices by up to 20% for certain products. The private markets are also offering competitive prices due to the need to sell quickly due to spoilage and bad weather. Consumer malls are providing red meat at prices 20% lower than the free market, while the ministry is planning to reduce the prices of 15 commodities for the 'Welcome Ramadan' exhibitions in April. The article also provides a detailed list of current prices for a variety of vegetables, fruits, and meats in the market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The markets for vegetables and fruits are witnessing a remarkable decrease in prices, as the private markets tied with the supply outlets in providing satisfactory prices to the citizens. The Ministry of Supply and Internal Trade was keen to continue pumping vegetables and fruits with reductions of up to 20%, as tomatoes and potatoes are sold at 3 pounds per kilo, bell pepper at 6.50, and guava 8.50 per kilo, which are almost identical prices to the private sector, perhaps because of the speed of vegetable and fruit spoilage, in addition to conditions Bad weather, which necessitates the speedy sale of vegetables and fruits. Consumer malls outlets outperformed the private sector in providing red meat at lower prices than the free market, around 20%, while consumer malls offered fresh meat at a price of 85 pounds per kilo of fresh Sudanese, while a kilo of Canadian meat in the free market ranged from 90 to 160 pounds per kilo, in addition to the availability of meat. The Brazilian ...
Source: Akhbarelyom

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