What is the price of an egg carton "fair" In Egypt after the news of the unprecedented price increase?

The price of a carton of eggs in the Egyptian market has risen to 65 pounds for the consumer after the price of a ton of feed has risen above the 13,000 pounds mark.

Abdelaziz Al-Sayed, head of the poultry division of the Cairo Chamber of Commerce in Egypt, said that a fair and fair price for a carton of eggs is 70 pounds, after the price of a ton of feed rose to over 13,000 pounds, comment: A satisfactory price for white poultry is 35 to 37 pounds.

The head of the poultry department of the Cairo Chamber of Commerce added that the price of a carton of eggs in the Egyptian market had risen to 63-65 pounds, noting that the price of a carton of eggs in the Egyptian market had risen after the superstitious spikes that followed the price of feed in Egypt, which caused huge losses to farm owners. , and the tendency of some to stop egg production if the problem persists.

Al-Sayed added that the price of imported corn has risen significantly, urging feed company owners to raise prices in Egypt, but the increase is exaggerated and will force a number of traders to stop working due to losses.

Ahmed Nabil Abdullah, Vice President of the Table Egg Division of the Egyptian Poultry Federation, said that a large number of poultry and egg producers have left the market over the past few days.

The Vice President of the Poultry Union’s Table Egg Division noted that the withdrawal of producers from the market will create a big gap, the most important of which is a sharp rise in prices, stressing that the price of a carton of eggs exceeded 120 pounds over the next few days.

Source: Cairo 24

Related Stories