The Kafr El-Sheikh Dairy Association warns merchants against monopolizing cheese and vows to inform the regulatory authorities in Egypt

Dairy

Egypt

Published Jun 25, 2023

Tridge summary

The head of the Dairy Producers Association in Kafr El-Sheikh Governorate in Egypt confirmed an increase in demand for dairy products, especially during the Eid Al-Adha holiday. The stability of prices in the local market has led to an increase in demand, with the price of turkey cheese ranging from 160 to 170 pounds per kilo and white cheese priced at 60 to 70 pounds per kilo. Dairy producers have warned against monopolizing commodities and raising prices, and regulatory authorities are being called upon to launch inspection campaigns on cheese merchants' stores to prevent price manipulation.

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Original content

Mohamed Salah, head of the Dairy Producers Association in Kafr El-Sheikh Governorate, confirmed that there is an average demand for dairy products starting this week, coinciding with the advent of Eid Al-Adha, pointing out that the turnout rate reached 60% compared to 40%, an increase of 20% for all products. Salah added, in exclusive statements to Al-Mal, that the reason for the demand for the products is as a result of their stability in the local market, as the price of a kilo of turkey cheese ranges from 160 to 170 pounds, and the price of white cheese reached 60 to 70 pounds per kilo, pointing out that the stability of the price led to Increasing demand for products by citizens. The head of the Association of Dairy Producers in Kafr El-Sheikh warned dairy and cheese merchants against monopolizing commodities with the aim of putting them on the market at prices higher than their normal rate and creating a severe shortage of products in the local market, pointing out that in ...

Source: Almalnews